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Pixelworks (PXLW) Reports In-Line Q3 EPS

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Pixelworks Reports Third Quarter 2016 Financial Results

October 27, 2016 4:06 PM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Pixelworks, Inc. (NASDAQ: PXLW), an innovative provider of video display processing technology, today announced financial results for the third quarter ended September 30, 2016.

Quarterly Highlights

Revenue increased 9% sequentially to $13.7 million; Initiated sampling of 3rd generation mobile display processing chip; Joined the UHD Alliance as a contributing member; and Ting Xiong appointed as Senior Vice President of Worldwide Sales

For the third quarter of 2016, revenue was $13.7 million,... More