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

Pixelworks

09/05/2023 23:01

* Pixelworks Inc  PXLW.OQ  reported a quarterly adjusted
loss
of 15 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 16 cents per share.
    * Revenue fell 40.1% to $9.97 million from a year ago;
analysts
expected $10.00 million. 
    * Pixelworks Inc's reported EPS for the quarter was a loss
of 17
cents​.
    * The mean earnings estimate of analysts had fallen by
about 98.3%
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 fallen by 5.4% this quarter and
lost 20.9% so far this year.
    * The company reported a quarterly loss of $9.4 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 LSEG Refinitiv data May
9 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.16          -0.15          Beat
 Dec. 31 2022      -0.02          -0.01          Beat
 Sep. 30 2022      -0.06          -0.06          Met
 Jun. 30 2022      -0.08          -0.06          Beat