8-K
filed February 10, 2023, 6:59 PM ET
ticker PXLW
CIK 0001040161
earnings
confidence high
sentiment neutral
materiality 0.70
Pixelworks FY2022 revenue up 27% to $70.1M; Shanghai subsidiary valued >$500M in strategic investment
PIXELWORKS, INC
2022-FY EPS reported
-$0.30
revenue$70,146,000
- Q4 revenue $16.9M vs $16.6M a year ago; FY22 revenue $70.1M, up 27% YoY.
- Mobile revenue grew 17% YoY to record $23M.
- Third strategic investment in Shanghai subsidiary at >$500M valuation; proceeds ~$15.7M.
- GAAP net loss FY22 $16.0M ($0.30 per share) vs $19.8M ($0.38) prior year.
- Completed next-gen IC milestone for large projector OEM, $2.5M R&D credit.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
PIXELWORKS, INC reported the fourth quarter of 2022 results: revenue $16.9 million, net income $1.9 million, EPS ($0.04) per share.
- Period
- the fourth quarter of 2022
- Revenue
- $16.9 million
- Net income
- $1.9 million
- EPS
- ($0.04) per share
- Result
- reported results
Exact text from the filing
Revenue in the fourth quarter of 2022 was $16.9 million, compared to $17.6 million in the third quarter of 2022 and $16.6 million in the fourth quarter of 2021.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
PIXELWORKS, INC reported the full year 2022 results: revenue $70.1 million, net income $16.0 million, EPS ($0.30) per share.
- Period
- the full year 2022
- Revenue
- $70.1 million
- Net income
- $16.0 million
- EPS
- ($0.30) per share
- Result
- reported results
Exact text from the filing
For the full year 2022, total revenue was $70.1 million compared to full year revenue of $55.1 million in 2021.
View on SEC.gov
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