Pixelworks (PXLW) Misses Q4 EPS by 1c, Revenues Beat
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Pixelworks Reports Fourth Quarter and Full Year 2020 Financial Results
February 11, 2021 4:05 PM ESTSAN JOSE, Calif., Feb. 11, 2021 /PRNewswire/ -- Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of innovative video and display processing solutions, today announced financial results for the fourth quarter and full year ended December 31, 2020.
Fourth Quarter and Recent Highlights
Mobile revenue grew 49% sequentially, driven by increased demand from OEM customers in support of recent and upcoming launches of new smartphones Commenced initial production shipments of new sixth-generation mobile visual processor (i6) to leading smartphone customers in advance of scheduled product launches in early 2021 GAAP gross margin was... More