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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 PXLW">Zacks stock report on PXLW at https://www.zacks.com/ap/PXLW