Quarterly ResultMay 4, 2026, 06:12 AM
GigaMedia Q1 2026 Revenue $0.75M, Net Loss $0.88M
AI Summary
GigaMedia Limited announced its first-quarter 2026 unaudited financial results, reporting revenues of $0.75 million, a 9.4% decrease quarter-on-quarter. The company posted a net loss of $0.88 million, which increased from $0.75 million in the previous quarter and $0.68 million in the same quarter last year. Management plans to continue exploring digital entertainment, developing its own products and services, and pursuing strategic investments to enhance shareholder value.
Key Highlights
- Revenues were $0.75 million, a 9.4% decrease quarter-on-quarter and 12.3% decrease year-over-year.
- Gross profit was $0.42 million, a 2.1% decrease quarter-on-quarter and 9.3% decrease year-over-year.
- Loss from operations was $0.95 million, an increase from $0.71 million last quarter.
- Net loss attributable to GigaMedia was $0.88 million, up from $0.75 million last quarter and $0.68 million last year.
- Diluted loss per share was $(0.08), compared to $(0.07) last quarter and $(0.06) last year.
- Cash, cash equivalents and restricted cash totaled $27.97 million, a 3.7% decrease from the prior quarter-end.
- EBITDA was $(1.22) million, compared to $(1.14) million last quarter.