Pixelworks announced its financial results for the first quarter ended March 31, 2018. Total revenues for Q1 2018 were $15.3 million, a decrease of 33%, compared to $22.7 million in Q1 2107. Net loss for Q1 2018 was $598,000 compared to the net income of $2.82 million in Q1 2017.
Looking forward to business outlook for the second quarter of 2018, Pixelworks expects the revenues to be between $18.0 million and $19.0 million.
