Mar. 28 at 10:02 PM
$GIGM's 2024 results: Revenues down 30.8% to
$3M, but net loss narrowed to
$2.3M. Cash hoard remains robust at
$35.1M (
$3.18/share). AI pivot underway. Trading below cash value with a
$0.21/share loss. Speculative play, but that cash cushion is hard to ignore.
https://www.prnewswire.com/news-releases/gigamedia-announces-fourth-quarter-and-full-year-2024-financial-results-302414745.html