PXLW Earnings Prediction
The chart below shows how PXLW performed 10 days before and after its earnings report, based on data from the past quarters. Typically, PXLW sees a +2.11% change in stock price 10 days leading up to the earnings, and a -8.87% change 10 days following the report. On the earnings day itself, the stock moves by +0.12%. This data can give you a slight idea of what to expect for the next quarter's release.
PXLW Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
9.09M
-54.72%
-4.59%
Gross Margin
54.63%
22.19%
6.68%
Operating Margin
-70.13%
241.10%
-21.78%
Net Margin
-60.12%
223.40%
-32.30%
EPS
-0.09
-28.57%
-35.71%
No Data Available
PXLW Earnings Analysis
Pixelworks Inc Corporation (PXLW.O) Earnings Conference Call
Positive
Fourth Quarter Revenue Performance: Revenue for the fourth quarter of 2024 was $9,100,000, with Home and Enterprise revenue at approximately $8,500,000, indicating strong performance in these segments despite challenges in mobile.
Gross Profit Margin Expansion: Fourth quarter non-GAAP gross profit margin expanded by 350 basis points sequentially to 54.8%, and increased by 1,000 basis points year-over-year, reflecting a favorable product mix and cost management efforts.
Cost Reduction Success: Non-GAAP operating expenses decreased to $10,400,000 in the fourth quarter from $12,400,000 in the prior quarter, demonstrating effective cost reduction measures.
Cash Subsidies Impact: Pixelworks Shanghai subsidiary received $1,800,000 in cash subsidies as part of its certified status in China's Little Giant program, contributing positively to financial performance.
Operating Expenses Reduction: The company expects to achieve a total year-over-year decrease in operating expenses of approximately $10,000,000 for the full year of 2025, indicating ongoing commitment to cost management.
Negative
Quarterly Revenue Decline: Revenue for the fourth quarter of 2024 was $9,100,000, down from $20,100,000 in the fourth quarter of 2023, indicating a significant year-over-year decline of 54.7%.
Mobile Revenue Decline: Mobile revenue in the fourth quarter was approximately $550,000, reflecting continued headwinds and a substantial decrease compared to previous quarters.
Quarterly Net Loss Increase: The non-GAAP net loss for the fourth quarter was $4,300,000, or a loss of $0.07 per share, compared to a net loss of $2,600,000, or a loss of $0.05 per share in the same quarter last year, highlighting worsening financial performance.
Cash Decrease and Liquidity Concerns: Cash and cash equivalents decreased to $23,600,000 at the end of the fourth quarter from $28,800,000 at the end of the third quarter, indicating a cash burn and potential liquidity concerns.
Revenue Decline Forecast: For the first quarter of 2025, total revenue is expected to be between $7,000,000 and $8,000,000, which represents a further decline compared to the fourth quarter of 2024, signaling ongoing challenges in revenue generation.
PXLW FAQs
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PXLW Earning Call Sentiment
Earnings call transcript: Pixelworks Q4 2024 shows strong gross margin
PXLW.O
0.19%Positive
The earnings call highlights several negative factors: a significant YoY revenue decline, increased net loss, and competitive pressures. The strategic review process and supply chain challenges add uncertainty. Although cost-saving measures and subsidies provide some relief, management's lack of clarity in the Q&A and weak guidance overshadow these positives. The negative sentiment is further reinforced by the company's inability to provide detailed future growth plans, leading to a likely stock price decline in the short term.
