14.05.2024 22:09:18 - dpa-AFX: Pixelworks Inc. Q1 Loss Drops, Inline With Estimates

WASHINGTON (dpa-AFX) - Pixelworks Inc. (PXLW) reported Loss for first
quarter that decreased from the same period last year in line with the Street
estimates.

The company's bottom line came in at -$5.07 million, or -$0.09 per share. This
compares with -$9.40 million, or -$0.17 per share, in last year's first quarter.

Excluding items, Pixelworks Inc. reported adjusted earnings of -$3.99 million or
-$0.07 per share for the period.

Analysts on average had expected the company to earn -$0.07 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 61.0% to $16.05 million from $9.97
million last year.

Pixelworks Inc. earnings at a glance (GAAP) :

-Earnings (Q1): -$5.07 Mln. vs. -$9.40 Mln. last year.
-EPS (Q1): -$0.09 vs. -$0.17 last year.
-Revenue (Q1): $16.05 Mln vs. $9.97 Mln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
PIXELWORKS INC.NEW DL-,01 A0Q3ZH Frankfurt 0,885 28.06.24 21:41:05 +0,025 +2,91% 0,000 0,000 0,860 0,885

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