GigaMedia Q2 Net Loss Sharply Narrows

RTTNews | 807 days ago
GigaMedia Q2 Net Loss Sharply Narrows

(RTTNews) - GigaMedia Ltd. (GIGM), a digital entertainment services provider, reported Monday that net loss attributable to GigaMedia for the second quarter halved to $562 million or $0.05 per share from $1.13 billion or $0.10 per share in the prior-year quarter.

Revenues for the quarter declined 24.8 percent to $1.03 billion from $1.36 billion in the same quarter last year.

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