Pixelworks sells off following EPS miss, light guidance


With shares up strongly from year-ago levels going into its Q4 report, Pixelworks (PXLW -7.5%) sold off in response to a $0.01 EPS miss and somewhat light guidance.

On its CC (transcript), the video processor developer guided (while citing seasonality) for Q1 revenue of $12M-$14M; the sole analyst covering the company has forecast revenue of $13.8M.

CEO Bruce Walicek reiterates a major chip co-development project will generate significant revenue in 2H14. A smaller amount of revenue is expected from the project in 1H14.

From other sites
Comments (2)
  • princepawn
    , contributor
    Comment (1) | Send Message
     
    What does 2H14 mean?
    13 Feb 2014, 10:04 AM Reply Like
  • Eric Jhonsa
    , contributor
    Comments (1276) | Send Message
     
    The second half of 2014.
    13 Feb 2014, 10:05 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs