secwatch.observer — SEC 8-K summary
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Issuer:     PIXELWORKS, INC (PXLW)
CIK:        0001040161
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001040161-22-000046
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pixelworks Q3 revenue $17.6M (+16% YoY); mobile +25%; net loss $0.08/sh; cash $57.6M
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- Revenue $17.6M, up 16% YoY from $15.2M, down 8% sequentially from $19.1M.
- GAAP net loss $4.5M ($0.08/sh); non-GAAP net loss $3.2M ($0.06/sh); adjusted EBITDA -$2.1M.
- Mobile revenue +25% YoY; projector revenue +10% YoY to highest quarterly level in >2 years.
- Closed strategic investment in Shanghai subsidiary, net proceeds ~$10.7M at ~$471.5M valuation.
- Cash $57.6M, up from $49.6M at Q2 2022; no Q4 guidance provided.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040161/000104016122000046/0001040161-22-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040161/000104016122000046/pxlw-20221107.htm
  HTML page:      https://secwatch.observer/filing/0001040161-22-000046

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer