GigaMedia (GIGM) Reports Q2 EPS of $0.02

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Go back to GigaMedia (GIGM) Reports Q2 EPS of $0.02

GigaMedia Announces Second-Quarter 2015 Financial Results

August 5, 2015 9:00 AM EDT

TAIPEI, Aug. 5, 2015 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) today announced its second-quarter 2015 unaudited financial results.

Message from Management

For the second quarter of 2015, the sales revenues were $2.7 million. The contribution made by the mobile games, the social casino games and the cloud computing business accounted for about 45.7%, 28.2% and 26.5% respectively.

The mobile gaming market is getting more competitive. Started from the second quarter of 2015, the Company began to scrutinize current performance of the mobile gaming business and try to integrate the resources of the... More