Needham & Company Downgrades Sigma Designs (SIGM) to Hold
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Sigma Designs, Inc. Reports Third Quarter Fiscal Year 2017 Financial Results
December 6, 2016 4:05 PM ESTFREMONT, CA -- (Marketwired) -- 12/06/16 -- Sigma Designs, Inc.® (NASDAQ: SIGM), a leading provider of intelligent system-on-chip (SoC) solutions for Connected Smart TV Platforms and Internet of Things (IoT) Devices, today reported financial results for its third quarter of fiscal year 2017, which ended October 29, 2016.
Financial Results
Net revenue for the third quarter of fiscal 2017 was $62.7 million, up $1.4 million, or 2.3%, from $61.3 million reported in the previous quarter, and up $1.1 million, or 1.9%, from $61.6 million reported in the same period in fiscal 2016.... More
