Pixelworks Reports Third Quarter 2024 Financial Results
PXLWPixelworks(PXLW) Prnewswire·2024-11-13 05:05

PORTLAND, Ore., Nov. 12, 2024 /PRNewswire/ -- Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of innovative video and display processing solutions, today announced financial results for the third quarter ended September 30, 2024.Third Quarter and Recent Highlights Total revenue increased 12% sequentially GAAP gross margin expanded more than 50 basis points sequentially and 800 basis point year-over-year to 51.2%, primarily driven by favorable product mix and lower overhead expenses Entered into multi-ye ...