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.

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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
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