Sigma Designs, Inc. (SIGM) Tops Q2 EPS by 6c

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Sigma Designs, Inc. Reports Second Quarter Fiscal 2016 Financial Results

September 9, 2015 4:05 PM EDT

FREMONT, CA -- (Marketwired) -- 09/09/15 -- Sigma Designs (NASDAQ: SIGM), a leading provider of intelligent system-on-chip (SoC) solutions for SmartTV, Internet of Things Devices for Smart home, IP-based set-top-boxes and Media Connectivity, today reported financial results for its second quarter of fiscal 2016, which ended August 1, 2015.

Financial Results

GAAP net revenues for the second quarter of fiscal 2016 were $58.3 million, up $2.4 million, or 4.3%, from $55.9 million reported in the previous quarter, and up $15.5 million, or 36.2%, from $42.8 million reported for the same period in fiscal 2015.

Non-GAAP net revenues for the second quarter of... More