Pixelworks (PXLW) Reports Q3 Loss, Lags Revenue Estimates

Pixelworks (PXLW) came out with a quarterly loss of $0.69 per share versus the Zacks Consensus Estimate of a loss of$ 0.86. This compares to a loss of $1.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +19.77%. A quarter ago, it was expected that this maker of chips used in high-end digital video devices would post a loss of$ 1.08 per share when it actually produced a loss of $1, delivering a surprise of +7.41%.Over the las ...