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

Pixelworks

07/11/2022 22:03

* Pixelworks Inc  PXLW.OQ  reported a quarterly adjusted
loss of 6
cents​​ per share for the quarter ended in September. The mean
expectation of three analysts for the quarter was for a loss
of 6 cents per share.
    * Revenue rose 15.5% to $17.55 million from a year ago;
analysts
expected $17.53 million. 
    * Pixelworks Inc's reported EPS for the quarter was a loss
of 8
cents​.
    * The mean earnings estimate of analysts had risen by
about 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 fallen by 9.9% this quarter and
lost 67.0% so far this year.
    * The company reported a quarterly loss of $4.5 million.
    * Wall Street's median 12-month price target for Pixelworks
Inc is
$4.50 
    * 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 November
7 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.06          -0.06          Met
 Jun. 30 2022      -0.08          -0.06          Beat
 Mar. 31 2022      -0.07          -0.06          Beat
 Dec. 31 2021      -0.05          -0.03          Beat