GigaMedia Reports Q3 GAAP EPS of $0.17 and 243.5% Year-over-Year Revenue Growth
GigaMedia (NASDAQ: GIGM) has released its third-quarter financial results, reporting a GAAP earnings per share (EPS) of $0.17. The company demonstrated significant top-line growth, with quarterly revenue reaching $3.16 million, representing a 243.5% increase compared to the same period last year. Despite the substantial surge in revenue, the stock experienced a slight decline of 1.60% during after-hours trading following the announcement. The results highlight a period of rapid scaling for the company's revenue streams.
Topics: earnings report GAAP EPS revenue growth