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Aug. 14, 2007, 11:36 a.m. EDT

GigaMedia's shares rise on second-quarter results

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By Gabriel Madway


SAN FRANCISCO (MarketWatch) -- GigaMedia Ltd. /zigman2/quotes/204964238/composite GIGM +0.75% shares rallied in Tuesday morning trade, rising 12% to $12.10. The Taiwan-based provider of online entertainment software and services said second-quarter net income fell to $10.08 million, or 17 cents a share, from $11.2 million, or 18 cents a share, in the year-ago period, as revenue rose 88% to $40.1 million. Operating income jumped to $10.09 million from $4.61 million last year.

US : U.S.: Nasdaq
$ 2.69
+0.02 +0.75%
Volume: 12,068
Aug. 14, 2020 3:38p
P/E Ratio
Dividend Yield
Market Cap
$29.73 million
Rev. per Employee

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