Baird Remains Bullish on Sigma Designs (SIGM) Following 1Q Beat

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. SPCX
2. NVDA
3. NFLX
4. ISRG
5. META
6. TSLA
7. SMCI
8. RTX
9. GOOGL
10. S

Go back to Baird Remains Bullish on Sigma Designs (SIGM) Following 1Q Beat

Sigma Designs, Inc. Reports First Quarter Fiscal Year 2017 Financial Results

June 6, 2016 4:12 PM EDT

FREMONT, CA -- (Marketwired) -- 06/06/16 -- Sigma Designs, Inc.® (NASDAQ: SIGM), a leading provider of intelligent system-on-chip (SoC) solutions for Connected Smart TV platforms and Internet of Things (IoT) Devices, today reported financial results for its first quarter of fiscal year 2017, which ended April 30, 2016.

Financial Results

Net revenue for the first quarter of fiscal 2017 was $53.8 million, up $2.3 million, or 4.5%, from $51.5 million reported in the previous quarter, and down $2.1 million, or 3.8%, from $55.9 million reported in the same period in fiscal 2016.

GAAP gross margin in the first quarter... More