BackSummary
GigaMedia reported Q1 2026 revenues of $0.75 million, a net loss of $0.88 million, and plans to focus on digital entertainment growth.
Key takeaways
- Revenues decreased 9.4% QoQ to $0.75 million, with gross profit stable at $0.42 million.
- Net loss widened to $0.88 million from $0.75 million last quarter and $0.68 million a year ago.
- Operating loss increased to $0.95 million from $0.71 million QoQ, but improved YoY from $0.97 million.
- Cash and equivalents fell to $27.97 million, down $1.08 million from prior quarter.
- Management plans to boost productivity and explore strategic investments for growth.
- EBITDA was negative $1.22 million, worsening from negative $1.14 million last quarter.