Pixelworks (PXLW) Tops Q3 EPS by 3c
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Pixelworks Reports Third Quarter 2015 Financial Results
November 5, 2015 4:07 PM ESTSAN JOSE, Calif.--(BUSINESS WIRE)-- Pixelworks, Inc. (NASDAQ: PXLW), an innovative provider of video display processing technology enabling the highest quality viewing experience for displays of all sizes, today announced financial results for the third quarter ended September 30, 2015.
For the third quarter of 2015, revenue was $16.6 million, compared to $15.1 million in the prior quarter and $17.1 million in the third quarter of 2014. Revenue during the quarter primarily reflected increased sales of chips into the projector market.
On a GAAP basis, gross profit margin in the third quarter of 2015 was 50.0%, compared to 48.0% in the... More
