Pixelworks Q3 Loss and Revenue Miss: A Financial Analysis

Pixelworks (PXLW) reported a Q3 loss of $0.69 per share, beating estimates by 19.77%, but missing revenue estimates by 2.54%. The company's shares have lost 30% so far this year, compared to the S&P 500's gain of 16.2%. The company's earnings outlook is mixed, with a Zacks Rank of #3 (Hold) and a current consensus EPS estimate of -$0.74 on $10 million in revenues for the coming quarter.