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Pixelworks (PXLW)
NASDAQ:PXLW
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.11Last Year’s EPS
-0.07Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 12, 2025
|% Change Since: 7.32%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant progress in the TrueCut Motion platform and cost reduction efforts, but was overshadowed by revenue decline and challenges in the mobile segment. The strategic review process may provide future opportunities.Company Guidance
During Pixelworks, Inc.'s Fourth Quarter 2024 Earnings Conference Call, management provided guidance for the first quarter of 2025, projecting total revenue between $7 million and $8 million. They expect non-GAAP gross profit margins to range from 49% to 51%, reflecting anticipated product mix and lower overhead absorption. Non-GAAP operating expenses are forecasted to be between $10 million and $11 million. The company anticipates non-GAAP EPS to range between a loss of $0.13 and a loss of $0.10 per share. Management highlighted various strategic initiatives, including potential IP licensing and ASIC design services, and expressed optimism about growth in mobile revenue and progress in the TrueCut Motion platform's adoption.TrueCut Motion Platform Progress
Pixelworks achieved significant ecosystem milestones for its TrueCut Motion platform, including agreements with major studios like Walt Disney and Universal Pictures. The platform is gaining momentum with commitments for additional theatrical releases and discussions with major device brands for future incorporation.
Gross Margin Improvement
Non-GAAP gross profit margin improved 350 basis points sequentially to 54.8% and increased 1,000 basis points compared to the fourth quarter of 2023, reflecting favorable product mix and focus on healthy margins.
Cost Reduction Efforts
Operating expenses decreased due to previously implemented cost reduction measures, with plans for further reductions contributing to a projected $10 million decrease in operating expenses for the full year of 2025.
Strategic Review Process
Pixelworks is engaged in a strategic review process for its Shanghai subsidiary with Morgan Stanley, receiving vetted indications of interest from multiple parties.
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PXLW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PXLW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 12, 2025 | $0.82 | $0.82 | 0.00% |
| Nov 12, 2024 | $0.68 | $0.80 | +17.65% |
| Aug 07, 2024 | $0.81 | $0.85 | +4.94% |
| May 14, 2024 | $1.87 | $1.21 | -35.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Pixelworks (PXLW) report earnings?
Pixelworks (PXLW) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Pixelworks (PXLW) earnings time?
Pixelworks (PXLW) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PXLW EPS forecast?
PXLW EPS forecast for the fiscal quarter 2025 (Q1) is -0.11.
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