Monday, November 30, 2009

Pixelplus Reports Q3 2009 Results

Yahoo: Pixelplus revenue for the third quarter of fiscal 2009 was 3.6 billion Korean won (US$3.0 million), compared to 4.4 billion Korean won (US$3.8 million) in the second quarter of fiscal 2009, and 4.5 billion Korean won (US$3.8 million) in the third quarter of fiscal 2008.

The Company sold roughly 2.5 million image sensors in the third quarter of 2009, which represented a decrease of about 2.2 million from its sale of around 4.7 million units in the second quarter of 2009. Gross margin for the third quarter of fiscal 2009 was 32.2%, compared to 21.0% in the second quarter of fiscal 2009.

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