Pixelworks Result 05/11/2015


Video display processing company Pixelworks Inc. posted Q3 net losses of $1.2 million, an improvement on losses of $2.3 million a year earlier, on turnover of $16.6 million, down from $17.1 million. For the nine months, losses were up at $7.4 million from $7.2 million on sales of $46.0 million, an increase from $45.8 million. The company said that it was pleased with the “traction on its mobile initiative” which it feels will drive growth in 2016.