Pixelworks (PXLW) Reports Q2 Loss, Misses Revenue Estimates

Pixelworks (PXLW) came out with a quarterly loss of $1 per share versus the Zacks Consensus Estimate of a loss of $1.08. This compares to a loss of $1.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +7.41%. A quarter ago, it was expected that this maker of chips used in high-end digital video devices would post a loss of $1.32 per share when it actually produced a loss of $1.32, delivering no surprise.Over the last four qua ...