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Pixelworks beats Q2, guidance estimates; shares up 8%

Aug. 08, 2017 4:40 PM ETPixelworks, Inc. (PXLW) StockBy: Brandy Betz, SA News Editor1 Comment
  • Pixelworks (NASDAQ:PXLW) reports Q2 results with revenue and EPS beats.
  • Gross profit margin was 54.4% compared to 51.6% in last year’s quarter. Operating expenses were $7..6M, up from $7M last year. 
  • Pixelworks ended the quarter with $32.2M in cash and equivalents. 
  • Q3 outlook: revenue, $18M to $19M compared to the $16.26M consensus estimate.
  • Press release 
  • Pixelworks shares are up 8.05% aftermarket.  
  • Previously: Pixelworks beats by $0.03, beats on revenue (Aug. 8)

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