GigaMedia Pronounces First-Quarter 2024 Monetary Outcomes, Industrial News
Business new tamfitronics /PRNewswire/ -- GigaMedia Restricted (NASDAQ: GIGM) at present launched its first quarter 2024 unaudited monetary outcomes. Comments from Administration For the first quarter of 2024, GigaMedia reported revenues of $0.73 million with a obnoxious income of $0.35 millionan working lack of $1.11 million and the online lack of $0.90 million. If when put next with the outdated quarter, the revenues lowered by 16.7%. On this quarter, we persevered scaling inspire and consolidating property from underperforming merchandise, and obvious disruptive factors in our sales channel had been step by step remediated. Whereas the turnaround of financial efficiency can also merely now not be immediate, after the...
