How did GIGM's earnings per share perform in Q3 2024 compared to previous quarters?
4/8/2025 04:40pm
Gigamedia's earnings per share (EPS) in Q3 2024 improved significantly compared to the previous quarter, showing a trend of financial recovery or stabilization. Here's a detailed analysis:
1. **Q3 2024 Performance**:
- Gigamedia's EPS in Q3 2024 was -$0.03.
2. **Comparison with Q2 2024**:
- In Q2 2024, the EPS was -$0.06.
- This indicates a substantial improvement, as the EPS has increased by $0.03.
3. **Comparison with Q1 2024**:
- In Q1 2024, the EPS was -$0.08.
- The EPS in Q3 2024 shows further improvement, with an increase of $0.05 compared to Q1 2024.
4. **Comparison with Q4 2023**:
- In Q4 2023, the EPS was -$0.18.
- The EPS in Q3 2024 improved by $0.15 compared to Q4 2023.
The data suggests that Gigamedia's financial performance is improving, with each subsequent quarter showing higher EPS than the previous one. This trend indicates effective management decisions or favorable market conditions that are positively impacting the company's profitability.