Pixelworks (NASDAQ:PXLW – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of -0.130–0.100 for the period, compared to the consensus estimate of -0.090. The company issued revenue guidance of $7.0 million-$8.0 million, compared to the consensus revenue estimate of $9.3 million.
Analyst Upgrades and Downgrades
Separately, Needham & Company LLC reissued a “buy” rating and issued a $1.50 price target on shares of Pixelworks in a research note on Thursday.
Read Our Latest Analysis on PXLW
Pixelworks Price Performance
Pixelworks (NASDAQ:PXLW – Get Free Report) last announced its earnings results on Wednesday, February 12th. The semiconductor company reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.11) by $0.02. Pixelworks had a negative return on equity of 93.16% and a negative net margin of 50.01%. As a group, research analysts forecast that Pixelworks will post -0.49 EPS for the current year.
Insider Activity at Pixelworks
In other Pixelworks news, CEO Todd Debonis sold 41,884 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $0.74, for a total transaction of $30,994.16. Following the transaction, the chief executive officer now owns 1,699,300 shares in the company, valued at approximately $1,257,482. This trade represents a 2.41 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 4.70% of the stock is owned by company insiders.
Pixelworks Company Profile
Pixelworks, Inc, together with its subsidiaries, develops and markets semiconductor and software solutions for mobile, home and enterprise, and cinema markets in the United States, Japan, China, Taiwan, Korea, and Europe. The company offers imageprocessor integrated circuits, such as embedded microprocessors, digital signal processing technology, and software that control the operations and signal processing within high-end display systems; visual processor integrated circuits that works with a mobile application processor; and transcoder integrated circuits which includes software that control the operations and signal processing for converting multiple bitrates, resolutions and codecs to provide bandwidth efficient video transmissions based on industry standard protocols.
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