GigaMedia Announces First-Quarter 2020 Financial Results
GigaMedia Limited - Ordinary Shares (GIGM)
US:NASDAQ Investor Relations:
gigamedia.com
Company Research
Source: PR Newswire
TAIPEI, April 30, 2020 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) today announced its first-quarter 2020 unaudited financial results.Comments from ManagementFor the first quarter of 2020, GigaMedia reported revenues of $1.60 million, with a gross profit of $0.93 million, an operating loss of $0.64 million and the net loss of $0.29 million. Total revenues increased by 6.6% if compared to the previous quarter, and net loss was similar."The pandemic of COVID-19 only mildly affected our operations in Taiwan and Hong Kong," said GigaMedia CEO James Huang. "While it has indeed caused disruptions to our offline marketing and operating activities, we managed to mitigate its impact, and continued improving the productivity in our existing products and making progress in developing new offerings."First Quarter OverviewOperating revenue increased by $0.10 million or 6.6% in quarter-on-quarter comparison, and increased by 8.2% in year-over-year comparison. Loss from operations amounted to a
Show less
Read more
Impact Snapshot
Event Time:
GIGM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GIGM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GIGM alerts
High impacting GigaMedia Limited - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
GIGM
News
- GigaMedia Limited (NASDAQ: GIGM) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- GigaMedia Limited (NASDAQ: GIGM) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- GigaMedia Limited (NASDAQ: GIGM) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- GigaMedia Limited (NASDAQ: GIGM) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- GigaMedia Announces Fourth-Quarter and Full Year 2023 Financial ResultsPR Newswire