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AP National Business

Pixelworks: Q4 Earnings Snapshot

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Published 2:19 pm

PORTLAND, Ore. (AP) — PORTLAND, Ore. (AP) — Pixelworks Inc. (PXLW) on Thursday reported a loss of $1.9 million in its fourth quarter.

On a per-share basis, the Portland, Oregon-based company said it had a loss of 4 cents. Losses, adjusted for stock option expense, were 1 cent per share.

The maker of chips used in high-end digital video devices posted revenue of $16.9 million in the period.

For the year, the company reported a loss of $16 million, or 30 cents per share. Revenue was reported as $70.1 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PXLW at https://www.zacks.com/ap/PXLW

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