Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 9.5M | 11.6% |
| Gross Profit | 4.9M | 12.8% |
| Cost of Revenue | 4.6M | 10.4% |
| Operating expense | 14M | 10.3% |
| Net Income | -8.1M | 19.8% |
| EBITDA | -7.4M | 20.6% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 71M | 12.9% |
| Total Liabilities | 27M | 10.4% |
| Shares Outstanding | 59M | 1% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | -7.8M | 40.1% |
| Cash from investing | -780,000 | 68.5% |
| Cash from financing | -400,000 | 27.9% |
EPS
Financial Highlights for Pixelworks in Q3 '24
Pixelworks reported a revenue of 9.5M, which is a 11.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 4.9M, marking a 12.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 4.6M, a 10.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 14M, showing a -10.3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -8.1M, showing a 19.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -7.4M, showing a 20.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Pixelworks with growth in revenue, gross profit, and net income.
