Pixelworks (PXLW) to Release Earnings on Tuesday

Pixelworks (NASDAQ:PXLW) is scheduled to post its quarterly earnings results after the market closes on Tuesday, November 12th. Analysts expect Pixelworks to post earnings of ($0.15) per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Pixelworks (NASDAQ:PXLW) last released its earnings results on Wednesday, August 7th. The semiconductor company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.03. Pixelworks had a negative net margin of 42.77% and a negative return on equity of 72.81%. The company had revenue of $8.54 million during the quarter, compared to the consensus estimate of $8.50 million. On average, analysts expect Pixelworks to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Pixelworks Stock Performance

NASDAQ:PXLW opened at $0.72 on Friday. The company has a market cap of $41.92 million, a PE ratio of -1.59 and a beta of 1.61. Pixelworks has a 52 week low of $0.61 and a 52 week high of $3.08. The business’s 50 day moving average is $0.72 and its two-hundred day moving average is $0.96. The company has a quick ratio of 3.79, a current ratio of 4.21 and a debt-to-equity ratio of 0.03.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Needham & Company LLC reduced their price objective on Pixelworks from $2.50 to $2.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. StockNews.com cut shares of Pixelworks from a “hold” rating to a “sell” rating in a report on Friday, August 9th.

About Pixelworks

Pixelworks, Inc, together with its subsidiaries, develops and markets semiconductor and software solutions for mobile, home and enterprise, and cinema markets in the United States, Japan, China, Taiwan, Korea, and Europe. The company offers imageprocessor integrated circuits, such as embedded microprocessors, digital signal processing technology, and software that control the operations and signal processing within high-end display systems; visual processor integrated circuits that works with a mobile application processor; and transcoder integrated circuits which includes software that control the operations and signal processing for converting multiple bitrates, resolutions and codecs to provide bandwidth efficient video transmissions based on industry standard protocols.