Pixelworks (PXLW) Reports In-Line Q1 EPS
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Pixelworks Reports First Quarter 2017 Financial Results
April 27, 2017 4:05 PM EDTSAN JOSE, Calif.--(BUSINESS WIRE)-- Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of visual processing solutions, today announced financial results for the first quarter ended March 31, 2017.
First Quarter Highlights
Revenue of $22.7 million, including $9.2 million related to End of Life (EOL) products Achieved GAAP net income of $0.09 per diluted share, non-GAAP net income of $0.12 per diluted share Recorded adjusted EBITDA of $5.0 million, and net cash balance of $19.6 millionFor the first quarter 2017, revenue was $22.7... More
