Key Developments: GigaMedia Ltd (GIGM.O)

GIGM.O on Nasdaq

1.01USD
31 Jul 2014
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Latest Key Developments (Source: Significant Developments)

GigaMedia Ltd gives Q1 2014 revenue guidance
Thursday, 10 Apr 2014 05:00pm EDT 

GigaMedia Ltd:Expects Q1 2014 revenues to decrease due to continued declines in its legacy PC games business and an incomplete transition from PC-based games to browser/mobile and social casino games.  Full Article

GigaMedia Ltd Comments On Q1 2013 Revenue Guidance
Thursday, 11 Apr 2013 04:00pm EDT 

GigaMedia Ltd announced that for first quarter of 2013, it expects revenues to decline 10%-15% compared to the fourth quarter of 2012.  Full Article

GigaMedia Ltd Appoints Collin Hwang As CEO
Monday, 26 Nov 2012 04:30pm EST 

GigaMedia Ltd announced that its board of directors has elected Collin Hwang as its new Chief Executive Officer (CEO)upon the departure of John Stringer, who has resigned as an officer and a director.  Full Article

GigaMedia Ltd Appoints New Chairman And New Director For Board
Friday, 9 Nov 2012 05:00am EST 

GigaMedia Ltd announced that board of directors has appointed Mo-Na Chien as its new chairman . Mr. Chien replaces Michael Ding, who resigned his position as chairman citing increased commitments with other business interests, including his current role as chairman and chief executive officer of Waterland Securities Co, Ltd.  Full Article

GigaMedia Ltd Raises Q3 2012 Revenue Guidance; Reaffirms Q3 2012 Operating Loss Guidance
Thursday, 6 Sep 2012 06:30am EDT 

GigaMedia Ltd announced that for third quarter 2012 it expects consolidated revenues are expected to exceed the previous estimate on increased revenues from the Company's FunTown online game operations and Consolidated operating loss is expected to be in line with expectations and smaller than second quarter 2012 results.  Full Article

GigaMedia Ltd Comments On Q3 2012 Earnings Guidance
Thursday, 23 Aug 2012 06:31am EDT 

GigaMedia Ltd announced that productivity and cost savings from turnaround initiatives executed in the first half of 2012 are benefiting GigaMedia's financial performance. As a result of these actions and the timing of new game licensing revenues, management expects a quarterly sequential decrease in consolidated operating loss with positive operating income in GigaMedia's online games business in the third quarter of 2012 and an operating margin in online games of approximately 15%.  Full Article

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