Pixelworks (PXLW) Tops Q4 EPS by 1c

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Pixelworks Reports Fourth Quarter and Fiscal Year 2018 Financial Results

February 7, 2019 4:05 PM EST

SAN JOSE, Calif., Feb. 07, 2019 (GLOBE NEWSWIRE) -- Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of power efficient visual processing solutions, today announced financial results for the fourth quarter and fiscal year ended December 31, 2018.

Fourth Quarter and Recent Highlights

Mobile revenue increased 78% year-over-year, reflecting volume production in support of a growing number of smartphone design winsVideo Delivery revenue increased 31% year-over-year, driven by ramping shipments of XCode transcoding chips to leading consumer electronics OEMs in... More