Pixelworks Inc expected to post a loss of 6 cents a share - Earnings Preview

Pixelworks

05/11/2022 03:01

* Pixelworks Inc  PXLW.OQ   PXLW.O  is expected to show a
rise in
quarterly revenue when it reports  results on November 7. 
    * The Portland Oregon-based  company is expected to report 
a
15.4% increase in revenue to $17.533 million from $15.2 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. The company's guidance on August 10
2022, for the period ended September 30, was for revenue between
$16.00 million and $19.00 million.
    * ​Refinitiv's mean analyst estimate for Pixelworks Inc is
for a
loss of 6 cents per share. The company's EPS guidance on August
10 2022, for the period ended September 30, was between USD-0.09
and USD-0.05 
    * 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
$4.5​, above​ its last closing price of $1.45. ​​​

The company's guidance on August 10 2022 for the period ended
September 30 was for gross profit margin between USD49% and
USD51%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  -0.05       -0.05      -0.04     Beat    23.4
 ​​Jun.        -0.07       -0.07      -0.05     Beat    25
 30 2021                                                
 Mar. 31 2021  -0.12       -0.12      -0.12     Met     0​
 Dec. 31 2020  -0.10       -0.10      -0.11     Missed  -6.5
 Sep. 30 2020  -0.10       -0.10      -0.11     Missed  -12.8
 This summary was machine generated November 5 at 03:01 GMT.  All
figures in US dollars  unless otherwise stated