Pixelworks (PXLW) Reports Q1 Loss, Misses Revenue Estimates

Pixelworks (PXLW) came out with a quarterly loss of $0.11 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this maker of chips used in high-end digital video devices would post a loss of $0.09 per share when it actually produced a loss of $0.07, delivering a surprise of 22.22%.Over the last four quarters, the company has surpassed consensus EPS estimates three times ...