Pixelworks Q2 EPS $(0.44) Misses $(0.22) Estimate, Sales $64.000K Miss $300.000K Estimate

Pixelworks (NASDAQ: PXLW ) reported quarterly losses of $(0.44) per share which missed the analyst consensus estimate of $(0.22) by 100 percent. This is a 56 percent increase over losses of $(1.00) per share from the same period last year. The company reported quarterly sales of $64.000 thousand which missed the analyst consensus estimate of $300.000 thousand by 78.67 percent. This is a 99.22 percent decrease over sales of $8.250 million the same period last year.