Pixelworks, Inc. (NASDAQ:PXLW) is reporting second quarter financial results on Monday 10th August 2020, after market close.
According to analysts surveyed by Thomson Reuters, PXLW is expected to report 2Q20 loss of $ 0.1 per share from revenue of $ 10.00 million.
For the full year, analysts anticipate top line of $ 50.57 million, while looking forward to loss of $ 0.3 per share bottom line.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 8.50 million ~ $ 11.50 million
Click Here For More Historical Outlooks Of Pixelworks, Inc.
Previous Quarter Performance
Pixelworks, Inc. disclosed loss for the first quarter of $ 0.07 per share, from the revenue of $ 13.77 million. The quarterly revenues reduced 17.30 percent compared with the same quarter last year. Wall street analysts are predicting, PXLW to report 1Q20 loss of $ 0.09 per share from revenue of $ 13.90 million. The bottom line results beat street analysts by $ 0.02 or 22.22 percent, at the same time, top line results fell short of analysts by $ 0.13 million or 0.94 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of PXLW was $ 3.45, representing a 67.48 % increase from the 52 week low of $ 2.06 and a 34.03 % decrease over the 52 week high of $ 5.23.
The company has a market capital of $ 135.49 million and is part of the Technology sector and Semiconductors industry.
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Conference Call
Pixelworks, Inc. will be hosting a conference call at 5:00 PM eastern time on 10th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.pixelworks.com
Pixelworks, Inc. designs, develops, and markets video processing semiconductors, intellectual property cores, software, and custom application specific integrated circuits (ICs) solutions for high-quality energy efficient video applications. The company provides video display processor products, including image processor ICs, such as embedded microprocessors, digital signal processing technology, and software that control the operations and signal processing within high-end display systems; and video co-processor ICs that work with an image processor to post-process video signals to enhance the performance or feature set of the overall video solution, as well as transcoder ICs, such as embedded microprocessors, digital signal processing technology, and software that control the operations and signal processing for converting bitrates, resolutions, and codecs.
