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Pixelworks issues soft Q1 guidance

Feb. 04, 2016 6:35 PM ETPixelworks, Inc. (PXLW) StockPXLWBy: Eric Jhonsa, SA News Editor
  • Pixelworks (NASDAQ:PXLW) has guided on its Q4 earnings call for Q1 revenue of $10M-$11M and EPS of -$0.13 to -$0.20, below a consensus of $12.7M and -$0.11.
  • Shares haven't moved after hours since the guidance was provided. With Pixelworks having plunged on Tuesday following a Q4 pre-announcement that included downbeat Q1 comments and news CEO Bruce Walicek has resigned, expectations were low going into earnings.
  • Pixelworks' Q4 results, earnings release

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