Sigma Designs, Inc. reported unaudited consolidated earnings results for the fourth quarter and fiscal year ended February 3, 2018. For the quarter, the company's net revenue was $26,537,000 against $42,724,000 a year ago. Loss from operations was $70,019,000 against $7,163,000 a year ago. Net loss was $73,421,000 or $1.91 per basic and diluted share against $8,716,000 or $0.23 per basic and diluted share a year ago. Non-GAAP net loss was $21.6 million, or $0.55 per share. This compares with a non-GAAP net loss of $5.9 million, or $0.16 per diluted share, for the same period in fiscal 2017. 

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.