GigaMedia Q1 EPS $(0.08) Down From $(0.06) YoY, Sales $753.000K Down From $859.000K YoY

Benzinga Newsdesk www.benzinga.com Negative 96.8%

Neg 96.8% Neu 0% Pos 0%

GigaMedia (NASDAQ:GIGM) reported quarterly losses of $(0.08) per share. This is a 33.33 percent decrease over losses of $(0.06) per share from the same period last year. The company reported $753.000 thousand in sales this quarter. This is a 12.34 percent decrease over sales of $859.000 thousand the same period last year.