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GigaMedia Ltd. Q2 Loss Widens

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

GigaMedia Ltd. (GIGM) announced Loss for its second quarter that increased from the same period last year

The company's bottom line came in at -$0.612 million, or -$0.06 per share. This compares with -$0.562 million, or -$0.05 per share, in last year's second quarter.

The company's revenue for the quarter fell 29.7% to $0.721 million from $1.025 million last year.

GigaMedia Ltd. earnings at a glance (GAAP) :

-Earnings (Q2): -$0.612 Mln. vs. -$0.562 Mln. last year.
-EPS (Q2): -$0.06 vs. -$0.05 last year.
-Revenue (Q2): $0.721 Mln vs. $1.025 Mln last year.

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