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GigaMedia Q2 revenue up 20.4% y/y to $0.87 mln

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

MetricBeat/MissActualConsensus 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 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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