Today it was reported that the VP, CFO & Treas of Pixelworks (PXLW), Steven L. Moore, exercised options to sell 90,000 PXLW shares at $0.60 a share, for a total transaction value of $352.7K.
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Based on Pixelworks’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $21.47 million and quarterly net profit of $231K. In comparison, last year the company earned revenue of $18.76 million and had a GAAP net loss of $4.71 million. Currently, Pixelworks has an average volume of 148.5K.
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Pixelworks, Inc. engages in design, development, and marketing of visual display processing semiconductors, intellectual property cores, software, and custom application specific integrated circuits solutions for video applications. It also offers solutions for advanced media processing, and the delivery and streaming of video.
