Taiwan's GigaMedia Q1 revenue falls 12%, net loss widens

GigaMedia

04/05/2026 14:08

Overview

Taiwanese digital entertainment firm's Q1 revenue fell 9.4% qtr/qtr and 12.3% yr/yr

Net loss widened to $0.88 mln from $0.75 mln last quarter and $0.68 mln last year

Company maintained cash and equivalents of $28 mln at quarter-end

Outlook

Company plans to continue developing and promoting its digital entertainment products and services

GigaMedia says it will pursue healthy growth with a lean operation in coming quarters

Result Drivers

REVENUE DECLINE - Co said Q1 revenue fell 9.4% qtr/qtr and 12.3% yr/yr, but did not give explicit reasons for the decrease

HIGHER OPERATING EXPENSES - Operating expenses rose by $0.22 mln from prior quarter, contributing to wider loss

Company press release: ID:nPn3Y9XNpa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$753,000
Q1 EPS
-$0.08
Q1 Net Income
-$876,000
Q1 EBITDA
-$1.22 mln
Q1 Gross Profit
$417,000
Q1 Income from Operations
-$945,000


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(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.)