Pixelworks (PXLW) Reports Q3 Loss, Tops Revenue Estimates
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Pixelworks (PXLW) reported a Q3 loss of $0.12 per share, slightly better than the Zacks Consensus Estimate of a $0.13 loss. This is a larger loss compared to $0.10 per share a year ago.
November 13, 2024 | 12:00 am
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Pixelworks reported a Q3 loss of $0.12 per share, better than the expected $0.13 loss, but worse than last year's $0.10 loss. Revenue exceeded expectations.
Pixelworks' earnings report shows a smaller-than-expected loss, which is positive news for investors. Despite a larger loss compared to last year, the fact that revenue exceeded expectations suggests potential for future growth, likely leading to a positive short-term impact on the stock price.
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