Sigma Designs, Inc. (SIGM) Tops Q2 EPS by 6c
Sigma Designs, Inc. (NASDAQ: SIGM) reported Q2 EPS of $0.12, $0.06 better than the analyst estimate of $0.06. Revenue for the quarter came in at $58.1 million versus the consensus estimate of $55.69 million.
"We generated our fifth consecutive quarter of revenue growth, led by continued improvement in our two fastest growing target markets, SmartTV and Internet of Things. In addition, we produced our fourth consecutive quarter of non-GAAP profitability. We expect this revenue growth trend to continue in the third quarter," said Thinh Tran, President and CEO of Sigma Designs.
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