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PXLW - Pixelworks -8.7% on downside revenue outlook
Pixelworks Inc.
Pixelworks (NASDAQ:PXLW) -8.7%beats Q3 revenue estimates despite the 16% Y/Y drop and meets on EPS. The downside Q4 outlook sees revenue of $15-17M (consensus: $19.4M) due to weaker demand in the digital projector and video delivery markets from the turbulent macro environment.
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