Sigma Designs, Inc. Announces Unaudited Earnings Results for the Fourth Quarter and Full Year Ended February 3, 2018; Provides Earnings Guidance for the First Fiscal Quarter of Fiscal 2019
For the full year, the company reported GAAP and Non-GAAP net revenue of $139,471,000 as compared to $220,544,000 a year ago. Non-GAAP operating loss was $2,229,000 as compared to operating loss of $1,820,000 a year ago. GAAP operating loss was $85.9 million as compared to $11.3 million a year ago.
For the first fiscal quarter of fiscal 2019, the company expects net revenue of between $6.5 million and $7.5 million; non-GAAP gross margin of between 44.0% and 47.0% and non-GAAP operating expenses of between $17.0 million and $18.0 million.