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

Pixelworks

10/08/2022 22:45

* Pixelworks Inc  PXLW.OQ  reported a quarterly adjusted
loss of 6
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 8 cents per share.
    * Revenue rose 35.8% to $19.08 million from a year ago;
analysts
expected $18.67 million. 
    * Pixelworks Inc's reported EPS for the quarter was a loss
of 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.5%
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 22.0% this quarter and
lost 47.0% so far this year.
    * The company reported a quarterly loss of $5.01 million.
    * Wall Street's median 12-month price target for Pixelworks
Inc is
$5.00 
    * 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 August 10
at 09:45 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.08          -0.06          Beat
 Mar. 31 2022      -0.07          -0.06          Beat
 Dec. 31 2021      -0.05          -0.03          Beat
 Sep. 30 2021      -0.05          -0.04          Beat