secwatch.observer — SEC 8-K summary
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Issuer:     PIXELWORKS, INC (PXLW)
CIK:        0001040161
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001040161-24-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pixelworks Q4 rev $20.1M (+25% seq); mobile record $11.9M; net loss $3.7M
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- Q4 revenue $20.1M, up 25% sequentially and 19% YoY; GAAP net loss $3.7M ($0.07/sh).
- Mobile revenue record $11.9M, up 44% seq and >200% YoY; full-year mobile rev $30M (+33% YoY).
- Multi-year TrueCut Motion deal with Walt Disney Studios; Universal's Argylle released in TrueCut format.
- Cash $47.5M at year-end; guidance expects accelerated mobile growth and non-GAAP profitability in H2 2024.
- OnePlus 12 and HONOR 90 GT launched with Pixelworks X7 and X5 Plus processors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040161/000104016124000005/0001040161-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040161/000104016124000005/pxlw-20240208.htm
  HTML page:      https://secwatch.observer/filing/0001040161-24-000005

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