Pixelworks (NASDAQ: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.
