Sigma Designs (SIGM) Tops Q4 EPS by 7c

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Baird Reiterated Outperform on Sigma Designs (SIGM) Following Solid 4Q Earnings

March 24, 2016 7:09 AM EDT

Baird maintained an Outperform rating on Sigma Designs (NASDAQ: SIGM), and cut the price target to $10.00 (from $12.00), fololwing the company's 4Q earnings report. SIGM reported EPS of $0.02, above consensus estimates of ($0.05). Revenue of $51.5 million was exactly in line with the midpoint of guidance of $50.0-$53.0... More