GigaMedia Limited Third Quarter Earnings Sneak Peek

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GigaMedia Limited (NASDAQ:GIGM) will unveil its latest earnings on Thursday, November 17, 2011. GigaMedia is a provider of gaming software and services to the online gaming industry, and an operator of online games in Greater China, including the PRC, Taiwan, Hong Kong and Macau.

GigaMedia Limited Earnings Preview Cheat Sheet

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

Wall St. Revenue Expectations: Analysts are projecting a decline of 81.6% in revenue from the year-earlier quarter to $7.4 million.

A Look Back: In the second quarter, the company swung to a loss of $7 million (12 cents a share) from a profit of $52.5 million (87 cents) a year earlier. Revenue fell 19% to $8.8 million from $10.9 million.

Key Stats:

Revenue has fallen in the past two quarters. In the first quarter, the figure fell 71.9%.

Competitors to Watch: Giant Interactive Group Inc (NYSE:GA), Shanda Interactive Entertainment Ltd ADR (NASDAQ:SNDA), Perfect World Co., Ltd. (NASDAQ:PWRD), Changyou.com Limited (NASDAQ:CYOU), The9 Limited (NASDAQ:NCTY), NetEase.com, Inc. (NASDAQ:NTES), and Microsoft Corporation (NASDAQ:MSFT).

Stock Price Performance: During October 18, 2011 to November 15, 2011, the stock price had dropped 18 cents (-17%) from $1.06 to 88 cents. The stock price saw one of its best stretches over the last year between June 20, 2011 and June 24, 2011 when shares rose for five-straight days, rising 9.3% (+11 cents) over that span. It saw one of its worst periods between October 26, 2011 and November 2, 2011 when shares fell for six-straight days, falling 12% (-12 cents) over that span. Shares are down 60 cents (-40.5%) year to date.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

 

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