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Pixelworks Result 28/04/2016

pixelworks

Pixelworks reported Q1 2016 net loss of $8.6 million, up 152% YoY from $3.4 million. Turnover was $11.2 million, down 23% YoY from $14.4 million. Inventory adjustments in emerging markets and a $4.3 million restructuring charge impacted turnover and net profit respectively.