GigaMedia (GIGM) Reports Q1 EPS of $0.09; CFO Dirk Chen Resigns
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May 8, 2015 8:00 PM EDT
TAIPEI, May 8, 2015 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) today announced that Chief Financial Officer (CFO) Dirk Chen ("Dirk") has resigned his position from the Company for his personal reasons but remains on the Board of Directors to continue to assist the Company in strategic decision making. The resignation is effective as of May 1, 2015. Prior to GigaMedia, Dirk had served Chailease Holding Co., Ltd. for 30 years and retired. Dirk joined GigaMedia in February 2012. Together with the management team, Dirk strengthened the Company's financial foundation and ensured... More
May 8, 2015 8:00 PM EDT
TAIPEI, May 8, 2015 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) today announced its first-quarter 2015 unaudited financial results.
Message from Management
In 2014, the Company initiated the collaboration with Korean gaming studios for co-developing new games and acquired licenses of the new games from other Asian developers.
In the first quarter of 2015, the Company benefited from five mobile games released in late December 2014 and also a RPG mobile game published in February this year, and the contribution made by the mobile games accounted for about 59.0% of the total operating... More
