Pixelworks (PXLW) Scheduled to Post Earnings on Tuesday

Pixelworks (NASDAQ:PXLW) is set 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 interested in participating in the company’s conference call can do so using this link.

Pixelworks (NASDAQ:PXLW) last issued its quarterly earnings results on Wednesday, August 7th. The semiconductor company reported ($0.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.03. Pixelworks had a negative return on equity of 72.81% and a negative net margin of 42.77%. The company had revenue of $8.54 million for 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 Price Performance

NASDAQ PXLW opened at $0.72 on Friday. The stock has a 50-day simple moving average of $0.72 and a 200 day simple moving average of $0.96. Pixelworks has a twelve month low of $0.61 and a twelve month high of $3.08. The stock has a market capitalization of $41.92 million, a PE ratio of -1.59 and a beta of 1.61. The company has a debt-to-equity ratio of 0.03, a quick ratio of 3.79 and a current ratio of 4.21.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on PXLW. Needham & Company LLC lowered their price objective on shares of Pixelworks from $2.50 to $2.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. StockNews.com lowered shares of Pixelworks from a “hold” rating to a “sell” rating in a research report on Friday, August 9th.

Pixelworks Company Profile

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.