Pixelworks, Inc. (PXLW) said its fourth quarter revenue is expected to be between $16 million and $17 million, compared to original guidance range of $15.5 million to $17.5 million. Also, fourth quarter non-GAAP gross margin, non-GAAP operating expense and non-GAAP loss per share are expected to be within the company's original guidance ranges.

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Pixelworks, Inc. (PXLW) said its fourth quarter revenue is expected to be between $16 million and $17 million, compared to original guidance range of $15.5 million to $17.5 million. Also, fourth quarter non-GAAP gross margin, non-GAAP operating expense and non-GAAP loss per share are expected to be within the company's original guidance ranges.

RTTNews | Jan 11, 2022 07:08AM EST

07:08 Tuesday, January 11, 2022 (RTTNews.com) - Pixelworks, Inc. (PXLW) said its fourth quarter revenue is expected to be between $16 million and $17 million, compared to original guidance range of $15.5 million to $17.5 million. Also, fourth quarter non-GAAP gross margin, non-GAAP operating expense and non-GAAP loss per share are expected to be within the company's original guidance ranges.

Todd DeBonis, President and CEO of Pixelworks, said: "We are entering the new year with increasing momentum and expanded engagements with tier-one mobile OEMs, which we expect to drive better than seasonal results for the first quarter of 2022."

Read the original article on RTTNews ( https://www.rttnews.com/3254221/pixelworks-preliminary-q4-revenue-non-gaap-loss-per-share-in-line-with-guidance.aspx)

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