PORTLAND, Ore. (AP) — PORTLAND, Ore. (AP) — Pixelworks Inc. (PXLW) on Wednesday reported a loss of $5.4 million in its fourth quarter.
On a per-share basis, the Portland, Oregon-based company said it had a loss of 9 cents. Losses, adjusted for stock option expense and non-recurring costs, came to 7 cents per share.
The maker of chips used in high-end digital video devices posted revenue of $9.1 million in the period.
For the year, the company reported a loss of $28.7 million, or 49 cents per share. Revenue was reported as $43.2 million.
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