Pixelworks (PXLW) Reports Q1 Loss, Tops Revenue Estimates

Pixelworks (PXLW) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of$ 0.08. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this maker of chips used in high-end digital video devices would post a loss of$ 0.05 per share when it actually produced a loss of $0.05, delivering no surprise. Over the last four ...