Sigma Designs (SIGM) Reports In-Line Q4 EPS

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Sigma Designs, Inc. Reports Fourth Quarter and Fiscal Year 2017 Financial Results

March 29, 2017 4:05 PM UTC

FREMONT, CA -- (Marketwired) -- 03/29/17 -- 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 fourth quarter and fiscal year 2017, which ended January 28, 2017.

Fourth Quarter Fiscal 2017 Financial Results

Net revenue for the fourth quarter of fiscal 2017 was $42.7 million. This compares with net revenue of $62.7 million reported in the previous quarter, and net revenue of $51.5 million in the same period in fiscal 2016.

GAAP gross margin in... More