Yahoo: Pixelplus reported its financial results for the quarter ended on June 30, 2009. Net income in the quarter was about US$20K. Not that much, but still better than a net loss of US$0.9M in the previous quarter or loss of US$2.1M in the same quarter a year ago.
The company sold roughly 4.7M image sensors in the quarter with gross margin of 21.0%, compared to 26.5% in the previous quarter. It appears that Pixelplus has drastically shrunk its expenses to show the profit last quarter.
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