How did PXLW's Q4 2024 EPS surprise impact annual performance?
4/3/2025 11:27am
Pixelworks' (PXLW) Q4 2024 EPS surprise had a positive impact on the annual performance, as it marked a significant improvement from the previous quarter's negative EPS. Here's a detailed analysis:
1. **Q4 2024 EPS Surprise**:
- Pixelworks reported an EPS surprise of $0.02 for Q4 2024.
- This was a positive development as it indicated that the company's performance had exceeded market expectations.
|code|Ticker|Name|Date|Total Revenue|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|PXLW|PXLW.O|Pixelworks|2024 Q1|1.6054E7|-0.09|186|
|PXLW|PXLW.O|Pixelworks|2024 Q2|8535000|-0.17|186|
|PXLW|PXLW.O|Pixelworks|2024 Q3|9527000|-0.14|186|
|PXLW|PXLW.O|Pixelworks|2024 Q4|9090000||186|
|code|Ticker|Name|Date|Diluted EPS YoY|market_code|
|---|---|---|---|---|---|
|PXLW|PXLW.O|Pixelworks|2024 Q1|47.05882352941177|186|
|PXLW|PXLW.O|Pixelworks|2024 Q2|-54.545454545454554|186|
|PXLW|PXLW.O|Pixelworks|2024 Q3|-16.666666666666682|186|
2. **Annual Performance Impact**:
- Despite the positive Q4 performance, the annual EPS for 2024 was negative, with a diluted EPS of -$0.49.
- The negative annual EPS suggests that while Q4 showed improvement, the overall fiscal year was not profitable.
- However, the Q4 surprise could be seen as a sign of potential turnaround or stabilization in the company's financial performance.
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|PXLW|PXLW.O|Pixelworks|2024 Q1|47.05882352941177|-0.09|186|
|PXLW|PXLW.O|Pixelworks|2024 Q2|-54.545454545454554|-0.17|186|
|PXLW|PXLW.O|Pixelworks|2024 Q3|-16.666666666666682|-0.14|186|
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|PXLW|PXLW.O|Pixelworks|2024 Q1|61.0876981737909|1.6054E7|186|
|PXLW|PXLW.O|Pixelworks|2024 Q2|-37.26571113561191|8535000|186|
|PXLW|PXLW.O|Pixelworks|2024 Q3|-40.5750998003992|9527000|186|
|PXLW|PXLW.O|Pixelworks|2024 Q4|-54.717545083192185|9090000|186|
3. **Revenue Considerations**:
- Pixelworks' total revenue for Q4 2024 was $9.09 million.
- The cumulative revenue for the fiscal year was $43.21 million.
- The Q4 revenue contribution to the annual total was approximately 21%, highlighting the importance of the quarter's performance.
4. **Conclusion**:
- The Q4 EPS surprise of $0.02 was a positive indicator, but it was not enough to turn the annual EPS negative into a positive figure.
- The company's annual revenue remained substantial at $43.21 million, with Q4 contributing significantly to this total.
- For Pixelworks, continued focus on profitability and sustained revenue growth will be crucial to improving annual financial performance.