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GigaMedia Ltd. Q1 Loss Rises

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

The company's earnings totaled -$0.90 million, or -$0.08 per share. This compares with -$0.31 million, or -$0.03 per share, in last year's first quarter.

The company's revenue for the quarter fell 44.7% to $0.73 million from $1.32 million last year.

GigaMedia Ltd. earnings at a glance (GAAP) :

-Earnings (Q1): -$0.90 Mln. vs. -$0.31 Mln. last year.
-EPS (Q1): -$0.08 vs. -$0.03 last year.
-Revenue (Q1): $0.73 Mln vs. $1.32 Mln last year.

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