PXLW

Image source: The Motley Fool. Thursday, May 14, 2026 at 5 p.m. ET Chairman and Chief Executive Officer — Todd DeBonis Chief Financial Officer — Haley Green Need a quote from a Motley Fool analyst? Email [email protected] Operator: Good day, ladies and gentlemen, and welcome to Pixelworks' First Quarter 2026 Earnings Conference Call. I will be your operator for today's call. [Operator Instructions] As a reminder, this conference call is being recorded for replay purposes. I would now like to turn the call over to Brett Perry with Shelton Group Investor Relations. Brett Perry: Thank you, Victor. Good afternoon, and thank you for joining us on today's call. With me on the call are Pixelworks' Chairman and CEO, Todd DeBonis; and Chief Financial Officer, Haley Aman. The purpose of today's conference call is to supplement the information provided in Pixelworks' press release issued earlier today announcing the company's financial results for the first quarter of 2026. Before we begin, I'd like to remind you that various remarks we make on this call, including those about projected future financial results, economic and market trends and competitive position constitute forward-looking statements. These forward-looking statements and all other statements made on this call that are not historical facts are subject to risks and uncertainties that may cause actual results to differ materially. All forward-looking statements are based on the company's beliefs as of today, Thursday, May 14, 2026. The company undertakes no obligation to update any such statements to reflect events or circumstances occurring after today. Please refer to today's press release, the company's annual report on Form 10-K for the year ended December 31, 2025, and subsequent SEC filings for a description of factors that could cause forward-looking statements to differ materially from actual results. Please note that throughout the company's press release and management statements during this conference call, we refer to net loss attributable to Pixelworks as simply net loss. With that, it's now my pleasure to turn the call over to Pixelworks' Chairman and CEO. Todd, please go ahead. Todd DeBonis: Thank you, Brett. Good afternoon, and welcome to everyone joining us for today's conference call. As previewed on the previous conference call in February, Q1 was a transformational quarter for Pixelworks. Af...

PORTLAND, Ore., May 14, 2026 /PRNewswire/ -- Pixelworks, Inc. (NASDAQ: PXLW) ("Pixelworks" or the "Company"), a provider of innovative cinematic and enhanced visualization solutions, today announced financial results for the first quarter ended March 31, 2026. First Quarter 2026 and Recent Highlights TrueCut Motion™ platform used to enable cinematic innovation in the post-production of groundbreaking concert film, Billie Eilish: Hit Me Hard and Soft – The Tour Live in 3D Received endorsement from Vue, the largest privately owned cinema operator in Europe, to bring advanced TrueCut Motion grading technology to movies in its premium cinematic experience auditoriums Closed sale of Pixelworks' Shanghai semiconductor subsidiary to VeriSilicon in January 2026, strengthening the Company's financial position and flexibility Completed restructuring and streamlining of operations, refocusing the remaining organization on the Company's global technology licensing business Ended first quarter with cash and cash equivalents balance of approximately $58 million as of March 31, 2026, and no debt Board of Directors authorized newly established stock repurchase program in the amount of $5 million "Following the closed sale of our Shanghai-based subsidiary in early January, we completed a series of planned restructuring actions to streamline our post-transaction organization and cost structure to align with our go-forward strategy and business model," stated Todd DeBonis, Chairman and CEO of Pixelworks. "Today, Pixelworks is a repositioned and focused company with the entire team now directly supporting our strategy of building a global technology licensing business. "Underpinned by our proven TrueCut Motion platform as well as significant intellectual property and expertise in visual imaging, we aim to deliver a growing portfolio of highly differentiated cinematic and visualization enhancement solutions. During the first quarter, we completed work on our most technically challenging motion grading project to-date, and we also continued to expand the ecosystem of theater operators endorsing our TrueCut Motion format. With a strong balance sheet, industry-leading technology and a lean organization, we are well capitalized to execute on our strategic growth objectives as global technology licensing company." As previously announced, on January 6, 2026, the Company completed the...

PORTLAND, Ore. (AP) — PORTLAND, Ore. (AP) — Pixelworks Inc. (PXLW) on Thursday reported net income of $80.6 million in its first quarter. The Portland, Oregon-based company said it had net income of $12.46 per share. Losses, adjusted for one-time gains and costs, were 36 cents per share. The maker of chips used in high-end digital video devices posted revenue of $446,000 in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PXLW at https://www.zacks.com/ap/PXLW

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Completed the sale of the Shanghai-based semiconductor subsidiary in early January, transitioning the company into a focused global technology licensing business. Executed a comprehensive restructuring to streamline the organization to approximately 25 core employees, with over half dedicated to R&D. Shifted the business model to an asset-light structure, leveraging project-based contractors in Hollywood to scale operations dynamically without increasing permanent headcount. Validated the TrueCut Motion platform through high-profile collaboration on the 'Billie Eilish: Hit Me Hard and Soft' 3D concert film, which recouped its budget in days. Capitalized on the industry shift toward premium large-format (PLF) theatrical experiences, where box office returns can outperform standard formats by nearly 10:1. Expanded the TrueCut Motion ecosystem by securing a partnership with Vue, Europe's largest private cinema operator, to prioritize motion-graded content in their premium theaters. Focused near-term efforts on 'greasing the skids' by providing motion grading services to studios to build a content pipeline that will eventually support broader licensing deals. Targeting a significantly lower cash operating expense run rate of approximately $2 million per quarter starting in the second quarter of 2026. Expects to generate quarterly interest income between $400,000 and $500,000 based on the current $58 million cash balance and interest rate environment. Plans to leverage existing AI-trained motion modeling expertise to pursue adjacent market opportunities in new AI-based segments. Authorized a $5 million stock repurchase program beginning May 15, 2026, reflecting confidence in the new capital structure and business model. Intends to use the current cash position as 'ammunition' for strategic growth, including potential technology investments, content creation support, or M&A. Recognized one-time severance and restructuring costs in Q1 2026 following the divestiture of the semiconductor business. Eliminated all prior liabilities and contingencies related to the Shanghai subsidiary, including redeemable non-controlling interests. Canceled the previously available at-the-market (ATM) stock facility in March 2026 due t...

This article first appeared on GuruFocus. Release Date: May 14, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Pixelworks Inc (NASDAQ:PXLW) completed the sale of its Shanghai-based semiconductor subsidiary, resulting in a cash balance of $58 million and zero debt. The company has repositioned itself as a well-capitalized, focused global technology licensing business. Pixelworks Inc (NASDAQ:PXLW) continues to own significant intellectual property, including over 60 issued and pending patents. The TrueCut Motion platform was successfully used in a high-profile project, enhancing the cinematic experience of a major theatrical release. The company has established partnerships with leading cinema operators to expand the adoption of its TrueCut Motion platform. Revenue for the first quarter of 2026 was only $450,000, indicating a reliance on a single revenue stream from the TrueCut Motion platform. Total operating expenses for the first quarter were $5.2 million, significantly higher than the revenue generated. The company incurred approximately $2 million in restructuring costs during the first quarter. Pixelworks Inc (NASDAQ:PXLW) is not providing quarterly financial guidance, which may create uncertainty for investors. The company acknowledges that initial revenue from its current strategy may not be substantial, indicating a longer-term path to profitability. Warning! GuruFocus has detected 6 Warning Signs with PXLW. Is PXLW fairly valued? Test your thesis with our free DCF calculator. Q: Hi, Todd. Hi, Haley. How you doing? So quick question for Haley. So the $2 million you expect in cash OpEx, I think that compares if I adjust the 1Q number to $2.9 million. Is that the right magnitude of savings from the streamlining efforts? Just want to confirm the ballpark level. A: (Haley Munn, CFO) Yeah, so did you take the $5.2 million minus the restructuring minus the stock-based compensation? And then there's also some benefit in Q2 from layoffs that happened in Q1 and just normal salaries. So yeah, that would be the number. Q: Okay, so that's a good run rate to go forward then, $2 million roughly? A: (Haley Munn, CFO) Roughly. Yes. Good. Okay, great. Thanks. Q: Okay, Todd, let's see, the partner strategy, which of the partners you've already announced is most strategic to near-term revenue generation and mayb...

Match Group MTCH reported first-quarter 2026 earnings of 95 cents per share, which surpassed the Zacks Consensus Estimate by 3.26%. The bottom line grew 41.8% from the year-ago quarter’s reported figure. Revenues were $864 million, which rose 3.9% year over year and beat the Zacks Consensus Estimate by 1.06%. On an FX-neutral basis, revenues were flat year over year at $832.3 million. Direct revenues were $848 million, up 4.4% year over year, while indirect revenues declined 14.3% to $16 million. Top-line growth was primarily driven by strength at Hinge, where direct revenues rose 28.3% year over year, and was aided by a one-time benefit from Canada's rescission of its digital services tax. Match Group Inc. price-eps-surprise | Match Group Inc. Quote In the first quarter, the total number of payers decreased 5% year over year to 13.5 million. The figure missed the Zacks Consensus Estimate by 0.86%. Total revenues per payer (RPP) increased 10% year over year to $20.9. The figure beat the Zacks Consensus Estimate by 2.13%. Direct revenues from Tinder were up 2% year over year to $455 million (down 3% on an FX-neutral basis). The figure surpassed the Zacks Consensus Estimate by 3.17%. Tinder RPP rose 7% year over year to $17.56, and payers declined 5% to 8.6 million. Hinge revenues grew 28.3% year over year to $194 million (up 24% on an FX-neutral basis), with a 15% increase in payers to 2.0 million and an 11% increase in RPP to $33.13. Match Group Asia (MG Asia) direct revenues declined 6% year over year (down 7% on an FX-neutral basis) to $60 million, with payers down 9% to 900,000 and RPP up 2% to $21.74. Azar direct revenues were negatively impacted by an estimated $3 million from its temporary removal from the Apple App Store in February 2026, prior to reinstatement in April. Evergreen and Emerging (E&E) direct revenues declined 6.7% year over year (down 10% on an FX-neutral basis) to $139 million, reflecting a 16% drop in payers to 2 million, partially offset by an 11% gain in RPP to $22.97. Total operating costs and expenses (72.6% of revenues) decreased 4.7% year over year to $627.5 million in the first quarter. Cost of revenues decreased 11% year over year, representing 24% of total revenue, driven by savings from alternative payments. Adjusted EBITDA was $342.9 million, up 24.6% year over year, representing an adjusted EBITDA margin of 39.7%, which ex...

PORTLAND, Ore., April 29, 2026 /PRNewswire/ -- Pixelworks, Inc. (NASDAQ: PXLW), a provider of innovative cinematic and enhanced visualization solutions, will release its first quarter 2026 financial results on Thursday, May 14, 2026, after market close. Todd DeBonis, Chairman and CEO, and Haley Aman, CFO, will host a conference call at 2:00 p.m. Pacific Time to discuss the Company's quarterly results. Analysts and investors are invited to join the Company's conference call using the following information: First Quarter 2026 Conference Call Date: Thursday, May 14, 2026 Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) Live Webcast Link: Click Here Dial-in Participation Registration Link: Click Here Advanced registration is required for dial-in participants. Please complete the linked registration form above to receive a dial-in number and dedicated PIN for accessing the conference call by phone. A live and archived audio webcast of the conference call will also be accessible via the Investor Relations section of Pixelworks' website. About Pixelworks, Inc. Pixelworks (NASDAQ: PXLW) is a technology licensing company specializing in cinematic visualization solutions, including industry-leading content creation, delivery and display processing solutions that enable highly authentic viewing experiences with superior visual quality. Pixelworks has more than 20 years of delivering image processing innovation to leading providers of consumer electronics, professional displays and video streaming services. About TrueCut Motion TrueCut Motion is a powerful video platform from Pixelworks that provides filmmakers with a new palette for motion. It enables shot-by-shot motion grading, allowing creators to manage judder, motion blur, and frame rates to achieve a consistent, cinematic look across all screens. For more information on TrueCut Motion, visit: www.truecutmotion.com Note: Pixelworks, the Pixelworks logo, TrueCut Motion and TrueCut are trademarks of Pixelworks, Inc. View original content to download multimedia:https://www.prnewswire.com/news-releases/pixelworks-to-announce-first-quarter-2026-financial-results-on-may-14-302756397.html

Image source: The Motley Fool. Thursday, March 12, 2026 at 5 p.m. ET Chairman and Chief Executive Officer — Todd A. DeBonis Chief Financial Officer — Haley F. Aman Investor Relations, Shelton Group — Brett Perry Need a quote from a Motley Fool analyst? Email [email protected] Operator: Good day, ladies and gentlemen, and welcome to Pixelworks, Inc. Fourth Quarter 2025 Earnings Conference Call. I will be your operator for today's call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, please press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. As a reminder, this conference call is being recorded for replay purposes. I would now like to turn the call over to Brett Perry with Shelton Group Investor Relations. Please go ahead. Thank you, Didi. Brett Perry: Good afternoon, and thank you for joining us on today's call. With me on the call are Pixelworks, Inc.'s Chairman and CEO, Todd A. DeBonis, and Chief Financial Officer, Haley F. Aman. The purpose of today's conference call is to supplement the information provided in Pixelworks, Inc.'s press release issued earlier today announcing the company's financial results for fiscal year 2025. Before we begin, I would like to remind you that various remarks we make on this call, including those about projected future financial results, economic and market trends, and our competitive position constitute forward-looking statements. These forward-looking statements and all other statements made on this call that are not historical facts are subject to a number of risks and uncertainties that may cause actual results to differ materially. All forward-looking statements are based on the company's beliefs as of today, Thursday, March 12, 2026. The company undertakes no obligation to update any such statements to reflect events or circumstances occurring after today. Please refer to today's press release, the company's Annual Report on Form 10-K for the year ended 12/31/2025, and subsequent SEC filings for a description of factors that could cause forward-looking statements to differ materially from actual results. Please note throughout the company's press release and management's statements during this c...

PORTLAND, Ore., March 12, 2026 /PRNewswire/ -- Pixelworks, Inc. (NASDAQ: PXLW), a provider of innovative cinematic and enhanced visualization solutions, today announced financial results for the fiscal year ended December 31, 2025. Full Year 2025 and Recent Highlights DreamWorks Animation's The Bad Guys 2 released by Universal Pictures to worldwide premium large format theaters in TrueCut Motion™ Universal Pictures' Nobody 2 released globally in TrueCut Motion for select premium large format theaters Jurassic World Rebirth from Universal Pictures showcased on CINITY premium screens in TrueCut Motion by China Film Group Announced partnership with Marcus Theatres to prioritize TrueCut Motion enhanced versions of titles across theater chain's projection infrastructure and premium screens Received endorsement from ODEON Cinemas Group to bring titles featuring TrueCut Motion's advanced motion grading technology to its premium auditoriums Post Year-End Transaction Overview Closed previously proposed sale of Pixelworks' Shanghai semiconductor subsidiary to VeriSilicon in January 2026, adding approximately $51 million to the Company's December 31, 2025, cash balance of $11.2 million Restructured and streamlined operations and resources following completed sale of the Company's semiconductor subsidiary, focusing the entire organization on its global technology licensing business Appointed new EVP of Business Development and Board of Directors to better align with the Company's go-forward business strategy "We ended 2025 focused on completing the proposed sale of our Shanghai-based subsidiary, which we successfully closed and repatriated the cash proceeds from in early January," stated Todd DeBonis, Chairman and CEO of Pixelworks. "This transaction fulfilled our core objective of unlocking significant value for shareholders by monetizing a substantial asset, while also meaningfully strengthening the Company's financial position and flexibility. Additionally, our strategic exit from semiconductor hardware fundamentally transforms Pixelworks' go-forward business model into a lean, high margin technology licensing company with significant intellectual property and expertise in visual solutions. "With a strong balance sheet, streamlined organization and commitment to prudent resource management, we are well capitalized to execute on our strategy of building Pixelworks int...

Successfully transitioned from a resource-intensive semiconductor hardware business to a lean, global technology licensing model focused on cinematic visualization. The sale of the Shanghai subsidiary for $51 million net proceeds eliminated complex geopolitical exposure and all prior obligations to minority investors. Repositioned the organization with fewer than 25 full-time employees, with 60% of the workforce now dedicated to R&D and advanced algorithm development. Strategic focus has shifted to the TrueCut Motion platform, targeting high-fidelity cinematic experiences in the rapidly expanding premium large format (PLF) theatrical market. Adopted a direct engagement strategy with major theater exhibitors like Marcus Theatres and Odeon Cinemas to create a 'pull' effect for studio content. Maintained 100% ownership of a core IP portfolio including over 60 patents specifically related to motion grading and visual enhancement technologies. Anticipates a stabilized cash burn rate with operating expenses expected to be $2 million or less per quarter starting in Q2 2026. Projecting at least $1.5 million in annual interest income derived from the strengthened cash balance of approximately $58 million expected by March 31. Future revenue growth is expected to transition from subsidized content creation services to high-margin home entertainment distribution and device certification licensing. Management is prioritizing the development of third-party motion grading tools to allow external editors to use TrueCut Motion technology, scaling beyond internal capacity. Strategic roadmap includes expanding the exhibitor footprint to compel studios to deliver more premium format content for both theatrical and home ecosystems. Received approximately $51 million in net cash proceeds in January 2026, with an additional $1.2 million currently held in escrow pending a tax dispute resolution. Canceled the company's at-the-market (ATM) stock facility in March 2026 due to the sufficient 'runway' provided by the current cash position. Completed a series of restructuring actions in Q1 2026, including headcount reductions and the appointment of a new EVP of Business Development to lead the licensing strategy. Confirmed that all prior liabilities and redeemable noncontrolling interests associated with the Shanghai subsidiary were fully released upon the sale's closing. Our analysts j...

This article first appeared on GuruFocus. Net Cash Proceeds from Sale: Approximately $51 million from the sale of the Shanghai semiconductor subsidiary. Cash Balance: Approximately $62 million at the start of 2026, including $11 million on hand at the end of 2025. Revenue from Continuing Operations: Approximately $690,000 for fiscal year 2025, generated entirely from the TrueCut Motion platform and related services. Expected Cash and Cash Equivalents Balance: Approximately $58 million as of March 31, 2026. Operating Expenses: Expected cash use for operating expenses to be approximately $2 million per quarter starting in the second quarter of 2026. Interest Income: Expected to generate at least $1.5 million annually from interest income based on the current cash balance. Warning! GuruFocus has detected 5 Warning Signs with PXLW. Is PXLW fairly valued? Test your thesis with our free DCF calculator. Release Date: March 12, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Pixelworks Inc (NASDAQ:PXLW) successfully completed the sale of its Shanghai semiconductor subsidiary, resulting in net cash proceeds of approximately $51 million. The company has repositioned itself as a global technology licensing business, focusing on cinematic visualization solutions. Pixelworks Inc (NASDAQ:PXLW) has a strong cash position with approximately $62 million at the start of 2026, providing financial stability and flexibility. The company has secured partnerships with major cinema operators like Marcus Theatres and ODEON Cinemas Group to prioritize its TrueCut Motion technology. Pixelworks Inc (NASDAQ:PXLW) is focused on expanding its TrueCut Motion platform, which has been used in several high-profile film releases, enhancing its market presence. The company's revenue from continuing operations for fiscal year 2025 was only $690,000, indicating a need for significant growth in its new business model. Pixelworks Inc (NASDAQ:PXLW) has undergone headcount reductions and restructuring, which may impact employee morale and operational capacity. The transition to a technology licensing model involves risks, including the need to establish new revenue streams and market acceptance. The company is not providing quarterly financial guidance, which may create uncertainty for investors regarding future performance. Pixelworks Inc (NA...