Pixelworks

Pixelworks reported a loss of $0.44 per share for Q2 2026 on revenue of $64,000, significantly missing analyst expectations. The company called the quarter its first full period as a pure technology licensing business and reported improved gross margins (60.9%) and substantially lower operating expenses. Pixelworks ended the quarter with about $53 million in cash, no debt, and is hoping for growth from cinema partnerships and device certifications; management expects volatile but generally rising revenues in the coming quarter. Investors reacted negatively to the results, the stock recovered slightly in after-hours trading, while analysts cite an average price target of $10. » Plus sur de.investing.com

Pixelworks has announced a partnership with China Film CINITY to integrate the TrueCut Motion grading technology into CINITY’s premium large-format cinemas. CINITY will prioritize screenings of blockbusters optimized with TrueCut Motion; new titles are planned from the second half of 2026. The stock recently rose about 9% week-on-week and is roughly 34% up year-to-date, while InvestingPro rates the share as undervalued but notes high cash burn and a lack of profitability. » Plus sur de.investing.com

Pixelworks completed the sale of its semiconductor subsidiary in Shanghai, generating $51 million in net proceeds, leaving the company debt-free with $58 million in cash. For Q1 2026, Pixelworks reported $450,000 in revenue (mainly TrueCut Motion services) with a gross margin of 56.7% and total operating expenses of $5.2 million. Management announced a new $5 million share buyback program and aims for operating cash outflows of about $2 million per quarter starting in Q2. The stock rose 6.87% in premarket trading after the announcements; growth and execution of cost reductions remain key risks. » Plus sur de.investing.com