Sigma Designs Q1 Loss Widens

By RTT News, 
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(RTTNews.com) - Sigma Designs Inc. ( SIGM ), Wednesday reported first-quarter net loss of $9.9 million or $0.29 per share, wider than last year's loss of $4.5 million or $0.13 per share last year.

Adjusted net loss for the quarter was $5.0 million or $0.14 per share, compared to net income $0.3 million or $0.01 per share last year.

Net revenues for the first quarter dropped 29.8 percent to $36.9 million from $52.5 million last year.

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This article appears in: Earnings

Referenced Stocks: SIGM

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