STOCK TITAN

Gigamedia - GIGM STOCK NEWS

Welcome to our dedicated news page for Gigamedia (Ticker: GIGM), a resource for investors and traders seeking the latest updates and insights on Gigamedia.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gigamedia's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Gigamedia's position in the market.

Rhea-AI Summary
GigaMedia Limited (GIGM) appoints Chih-Hong Tsai and Wan-Wan Lin as new independent non-executive directors, following the resignation and retirement of Casey Kuo-Chong Tung and Billy Bing-Yuan Huang. Mr. Tsai has over 40 years of financial sector experience, serving in various executive and senior management positions. Ms. Lin specializes in technology/media, financial services, and biotech & healthcare, with over 30 years of audit practice. The Board expresses gratitude to the departing directors and welcomes the new appointments, maintaining a majority of independent directors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
none
-
Rhea-AI Summary
GigaMedia Limited reported its unaudited financial results for the third quarter of 2023. Revenues increased by 4.5% to $1.07 million, with a gross profit of $0.58 million. The operating loss was $0.89 million and the net loss was $0.51 million. The net asset value per share was $4.27. GigaMedia's digital entertainment service business, FunTown, focuses on mobile games and casual games in Taiwan and Hong Kong.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
-
Rhea-AI Summary
GigaMedia extends due date of convertible promissory note with Aeolus Robotics Corporation, reducing exposure
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.08%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.65%
Tags
earnings
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.45%
Tags
none
-
Rhea-AI Summary
GigaMedia Limited (NASDAQ: GIGM) has made an amendment to its previous announcement to clarify Exhibit 99.3 to the Notice of Annual General Meeting of Shareholders and Proxy Statement. The amendment corrects the Critical Audit Matter Description in the Report of Independent Registered Public Accounting Firm. The correct version of the Consolidated Financial Statements is attached to the announcement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.38%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
Tags
earnings
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
Tags
earnings
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.57%
Tags
earnings
Gigamedia

Nasdaq:GIGM

GIGM Rankings

GIGM Stock Data

14.26M
6.20M
45.56%
3.96%
0.06%
Casinos (except Casino Hotels)
Arts, Entertainment, and Recreation
Link
Taiwan
Taipei

About GIGM

headquartered in taipei, taiwan, gigamedia limited (singapore registration number: 199905474h) is a diversified provider of online games and cloud computing services. gigamedia's online games (funtown) business develops and operates a suite of games in taiwan and hong kong, with focus on web-based/mobile games. the company's cloud computing (gigacloud) business is focused on providing smes in greater china with critical communications services and it solutions that increase flexibility, efficiency and competitiveness.