GigaMedia (GIGM) Reports Q1 EPS of $0.10

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Go back to GigaMedia (GIGM) Reports Q1 EPS of $0.10

GigaMedia Announces First-Quarter 2016 Financial Results

May 6, 2016 7:16 AM EDT

TAIPEI, Taiwan, May 6, 2016 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) today announced its first-quarter 2016 unaudited financial results.

CEO's comments

"The positive increase in revenue of our licensed game, Yume100 which began last quarter, has continued into 2016. The revenues in the fourth quarter of 2015 were 0.98 million, and for the first quarter of 2016 increased by 26 percent to $1.24 million," stated GigaMedia Limited Chief Executive Officer Collin Hwang. "We are glad to see the steady growth, and going forward, we remain committed to keep the... More