Pixelworks (PXLW) Reports Q2 Loss, Lags Revenue Estimates
Pixelworks (PXLW) came out with a quarterly loss of $0.10 per share in line with the Zacks Consensus Estimate. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.
A quarter ago, it was expected that this maker of chips used in high-end digital video devices would post a loss of $0.10 per share when it actually produced a loss of $0.07, delivering a surprise of 30%.
Over the last four quarters, the company has surpassed consensus EPS es…