Pixelworks (PXLW) Tops Q3 EPS by 5c

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Pixelworks Reports Third Quarter 2017 Financial Results

November 7, 2017 4:05 PM EST

Revenue from Digital Projection Increases 39% Year-on-Year

SAN JOSE, Calif.--(BUSINESS WIRE)-- Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of power efficient visual processing solutions, today announced financial results for the third quarter ended September 30, 2017.

Third Quarter and Recent Highlights

Revenue of $18.8 million, included $2 million contribution from ViXS Systems Initiated sampling of 4th generation Iris processor to targeted mobile OEMs Streamlined organization expected to generate $4.0 million in annualized cost synergies beginning in the fourth quarter of 2017... More