Pixelworks (NASDAQ:PXLW) reported its Q1 earnings results on Tuesday, May 10, 2022 at 05:05 PM.
Here's what investors need to know about the announcement.
Earnings
Pixelworks beat estimated earnings by 14.29%, reporting an EPS of $-0.06 versus an estimate of $-0.07.
Revenue was up $7.36 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 9.8% drop in the share price the next day.
Here's a look at Pixelworks's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.05 | -0.05 | -0.07 | -0.12 |
| EPS Actual | -0.03 | -0.04 | -0.05 | -0.12 |
| Revenue Estimate | 16.47M | 14.85M | 14.00M | 9.01M |
| Revenue Actual | 16.59M | 15.20M | 14.05M | 9.27M |
To track all earnings releases for Pixelworks visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
