Pixelworks: Q4 Earnings Insights

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Pixelworks PXLW reported its Q4 earnings results on Thursday, February 8, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Pixelworks missed estimated earnings by 25.0%, reporting an EPS of $-0.05 versus an estimate of $-0.04.

Revenue was up $3.19 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 7.81% drop in the share price the next day.

Here's a look at Pixelworks's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.11 -0.10 -0.16 -0.02
EPS Actual -0.10 -0.09 -0.15 -0.01
Revenue Estimate 16.00M 13.33M 10.00M 17.00M
Revenue Actual 16.03M 13.61M 9.97M 16.89M

To track all earnings releases for Pixelworks visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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