---
schema_version: "secwatch.filing_event.v1"
accession: "0001040161-24-000041"
form_type: "8-K"
ticker: "PXLW"
cik: "0001040161"
company_name: "PIXELWORKS, INC"
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T01:30:11.419179+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Pixelworks Q3 rev $9.5M (+12% q/q), GAAP net loss $0.14/sh; secures Universal TrueCut deal

## Summary
- Revenue $9.5M, up 12% sequentially from $8.5M, down 40% YoY from $16.0M.
- GAAP gross margin 51.2% (up ~50bp q/q, +830bp YoY); GAAP net loss $8.1M ($0.14/sh) vs $10.1M ($0.17) last q.
- Non-GAAP net loss $7.1M ($0.12/sh); adjusted EBITDA negative $6.3M.
- Multi-year TrueCut Motion agreement with Universal Pictures; Shanghai sub received 'Little Giant' certification.
- Retained Morgan Stanley as advisor for strategic options regarding Shanghai sub; next-gen mobile processor qualified with multiple customers.

## SEC filing metadata
- accession: 0001040161-24-000041
- form_type: 8-K
- ticker: PXLW
- cik: 0001040161
- company_name: PIXELWORKS, INC
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1040161/000104016124000041/0001040161-24-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1040161/000104016124000041/pxlw-20241112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001040161-24-000041
- JSON: https://secwatch.observer/filing/0001040161-24-000041.json
- Plain text: https://secwatch.observer/filing/0001040161-24-000041.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.