United States

Giga Media Ltd (GIGM.O)

GIGM.O on Consolidated Issue listed on NASDAQ Capital Market

21 Oct 2016
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$-0.01 (-0.21%)
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Latest Key Developments (Source: Significant Developments)

GigaMedia quarterly loss per share $0.19
Friday, 5 Aug 2016 08:52am EDT 

GigaMedia Ltd : Quarterly loss per share $0.19 . Q2 revenue $2.1 million . With product exposure on television commercial, offline events, coming of summer vacation, expect revenue will be boosted in Q3 ."Working on integration of our servers and databases in Hong Kong and Taiwan".  Full Article

Gigamedia qtrly earnings per share $0.10
Friday, 6 May 2016 07:23am EDT 

Gigamedia Announces First : Quarter 2016 financial results . Q1 revenue $2.4 million versus $3.2 million . As for computing business, company is currently restructuring business plan . "is eager to combine cloud and gaming business" . "cost saving is still undergoing" . Qtrly earnings per share $0.10 .Says online game business has achieved break even in q1 of 2016.  Full Article

GigaMedia Announces Retirement of Chairman and Board Change
Monday, 30 Nov 2015 09:00am EST 

GigaMedia Ltd:Says Chairman, Mo-Na Chien retired his position from the Company and resigned from the Company's Board of Directors.Both the retirement and the resignation of Mo-Na Chien will be effective December 1, 2015.Appointed Collin Hwang, the current Chief Executive Officer of the Company to chairman's position following the retirement of Mo-Na Chien effective December 1, 2015.Resignation of two board members, King Wai Alfred Wong and Dirk Chi-Ching Chen, effective December 1, 2015.Following the changes announced, GigaMedia's board is comprised of six members with more than a majority as independent directors.  Full Article

GigaMedia Ltd announces termination to acquire strawberry cosmetics
Wednesday, 7 Oct 2015 08:00am EDT 

GigaMedia Ltd:Gigamedia announces termination to acquire strawberry cosmetics.Says total consideration payable by the gigamedia for the acquisition was about $93.1 million.Entered into mutual termination agreement with shareholders of strawberry cosmetics holding ltd to terminate share purchase agreement.Will pay US$2.0 million consideration to the shareholders of strawberry cosmetics in connection with the termination.Drastic slowdown in global economy, stock market resulted in a change in business development strategy on the part of gigamedia.  Full Article

GigaMedia to buy Strawberry Cosmetics for about $93.1 mln
Friday, 26 Jun 2015 07:18am EDT 

GigaMedia Ltd:Says to acquire a 70 pct equity interest in Strawberry Cosmetics Holding Limited.Says deal valued at about $93.1 mln.Says transaction is expected to be completed in the third quarter of 2015.  Full Article

GigaMedia Ltd announces resignation of chief financial officer
Friday, 8 May 2015 08:00pm EDT 

GigaMedia Ltd:Says that chief financial officer (CFO) Dirk Chen has resigned his position from the company for his personal reasons but remains on board to continue to assist the company in strategic decision making.Resignation is effective as of May 1.Says Huang Shih-Chin, current head of finance department of gigamedia will assume CFO duties on interim basis.  Full Article

GigaMedia Ltd gives Q1 2015 revenue guidance
Friday, 10 Apr 2015 11:05am EDT 

GigaMedia Ltd:Expects Q1 2015 total revenues to increase by double-digit growth rate compared with Q4 2014, primarily contributed by the five new games released in late Dec. 2014 and one new game in Feb. 2015.  Full Article

BRIEF-GigaMedia quarterly loss per share $0.19

* With product exposure on television commercial, offline events, coming of summer vacation, expect revenue will be boosted in Q3

No consensus analysis data available.