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GigaMedia Ltd (GIGM) Narrows Q4 Loss of 11c/Share; Issues Q1 Revs Outlook

March 22, 2012 5:02 PM EDT
GigaMedia Ltd (NASDAQ: GIGM) reported Q4 EPS of ($0.11), versus ($0.14) reported last year. Revenue for the quarter came in at $7.4 million, versus $8.9 million reported last year.

In the first quarter of 2012, management expects consolidated revenues to be flat to slightly up compared to the fourth quarter of 2011. Management does not anticipate bad debt expenses or write-downs in the first quarter, resulting in significant decreases in total operating expenses and net loss quarter-over-quarter.

For earnings history and earnings-related data on GigaMedia Ltd (GIGM) click here.


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