Pixelworks Inc reports results for the quarter ended in December - Earnings Summary

Pixelworks

10/02/2023 01:16

* Pixelworks Inc  PXLW.OQ  reported a quarterly adjusted
loss of 1
cent​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for a loss
of 2 cents per share.
    * Revenue rose 1.8% to $16.89 million from a year ago;
analysts
expected $17.00 million. 
    * Pixelworks Inc's reported EPS for the quarter was a loss
of 4
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Pixelworks Inc shares had risen by 16.9% this quarter.
    * The company reported a quarterly loss of $1.93 million.
    * Wall Street's median 12-month price target for Pixelworks
Inc is
$3.00 
    * 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." 

This summary was machine generated from Refinitiv data February
10 at 01:16 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.02          -0.01          Beat
 Sep. 30 2022      -0.06          -0.06          Met
 Jun. 30 2022      -0.08          -0.06          Beat
 Mar. 31 2022      -0.07          -0.06          Beat