Sigma Designs, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Fiscal Year Ended February 3, 2018; Reports Impairment Charges for the Fourth Quarter Ended February 3, 2018
For the year, the company's net revenue was $139,471,000 against $220,544,000 a year ago. Loss from operations was $113,234,000 against $11,322,000 a year ago. Loss before income taxes was $115,163,000 against $11,668,000 a year ago. Net loss was $120,041,000 or $3.12 per basic and diluted share against $18,315,000 or $0.49 per basic and diluted share a year ago. Pro forma net revenue was $65,905,000 against $134,407,000 a year ago. Non-pro forma Loss from continuing operations was $50,351,000 against $24,595,000 a year ago. Non-pro forma net loss was $51,288,000 or $1.31 per basic and diluted share against $9,463,000 or $0.66 per basic and diluted share a year ago.
For the quarter, the company reported impairment charges of $40.8 million.