Overview
GigaMedia Q2 revenue rises 20.4% yr/yr, reaching $0.87 mln
Net income for Q2 was $0.84 mln, improved from a net loss last quarter
Gross profit increased 32.5% yr/yr, reaching $0.48 mln
Outlook
GigaMedia to boost productivity in second half of 2025
Company pursuing strategic expansion and new business opportunities
GigaMedia focuses on healthy growth with lean operations
Company evaluating strategic investment targets to expand business
Result Drivers
FOREIGN EXCHANGE GAINS - Net income improved due to foreign exchange gains, despite an operating loss
REVENUE INCREASE - Revenue increased slightly by 1.0% qtr/qtr and 20.4% yr/yr, attributed to operational improvements
GROSS PROFIT GROWTH - Gross profit rose by 3.7% qtr/qtr and 32.5% yr/yr, reflecting better cost management
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| $868,000 |
|
Q2 EPS |
| $0.08 |
|
Q2 Net Income |
| $844,000 |
|
Q2 EBITDA |
| $423,000 |
|
Q2 Gross Profit |
| $477,000 |
|
Q2 Income from Operations |
| -$918,000 |
|
Press Release: ID:nPn4WxnmWa