Friday, May 6, 2016

GIGM GigaMedia Releases 1st Quarter 2016 Financial Results

GIGM - GigaMedia today released its first quarter 2016 financials showing a .10 per share diluted earnings and a staggering $73.5 million in cash, marketable securities and restricted cash.  This represents an amount of $6.65 per share.  The revenue increased compared to 4th quarter 2015.  This is excellent news.

I may hold a position in $GIGM.

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