Pixelworks Inc reports results for the quarter - Earnings Summary

• Pixelworks Inc PXLW.OQ reported a quarterly adjusted loss of 12 cents​​ per share for the quarter , lower than the same quarter last year, when the company reported EPS of -10 cents. The mean expectation of three analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -13 cents to

• Revenue fell 40.6% to $9.53 million from a year ago; analysts expected $9.50 million.

• Pixelworks Inc's reported EPS for the quarter was a loss of 14 cents​.

• The company reported a quarterly loss of $8.14 million.

• Pixelworks Inc shares had fallen by 4.8% this quarter and lost 48.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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."

• The average consensus recommendation for the semiconductors peer group is also "buy"

Wall Street's median 12-month price target for Pixelworks Inc is 1.50

This summary was machine generated from LSEG data November 13 at 03:33 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)