Pixelworks Inc expected to post a loss of 2 cents a share - Earnings Preview

Pixelworks

08/02/2023 01:12

* Pixelworks Inc  PXLW.OQ   PXLW.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 9. 
    * The Portland Oregon-based  company is expected to report 
a
2.5% increase in revenue to $17 million from $16.59 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. The company's guidance on December 28 2022,
for the period ended December 31, was for revenue between $16.00
million and $18.00 million.
    * ​Refinitiv's mean analyst estimate for Pixelworks Inc is
for a
loss of 2 cents per share. The company's EPS guidance on
November 7 2022, for the period ended December 31, was between
$-0.04 and $0.01 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Pixelworks
Inc is
$3​, above​ its last closing price of $2.12. ​​​

The company's guidance on November 7 2022 for the period ended
December 31 was for gross profit margin between USD56% and
USD58%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.06       -0.06      -0.06     Met     5.3
 Jun. 30 2022  -0.08       -0.08      -0.06     Beat    24.4
 Mar. 31 2022  -0.07       -0.07      -0.06     Beat    14.3​
 Dec. 31 2021  -0.05       -0.05      -0.03     Beat    40
 ​​Sep.        -0.05       -0.05      -0.04     Beat    23.4
 30 2021                                                
 Jun. 30 2021  -0.07       -0.07      -0.05     Beat    25​
 Mar. 31 2021  -0.12       -0.12      -0.12     Met     0
 Dec. 31 2020  -0.10       -0.10      -0.11     Missed  -6.5
 This summary was machine generated February 8 at 01:12 GMT.  All
figures in US dollars  unless otherwise stated