Sigma Designs Inc. (SIGM, Financial) filed Quarterly Report for the period ended 2008-11-01.
Sigma Designs Inc designs manufactures (using subcontractors) and markets multimedia products for use with personal computers. Through theirREALmagic product line incorporating Moving Picture Experts Group (MPEG) technology they has become a leader in this emerging market. Sigma Designs Inc. has a market cap of $237.18 million; its shares were traded at around $9.15 with a P/E ratio of 6.04 and P/S ratio of 1.07.
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More on SIGM:
Gurus buys and sells of SIGM
10-year financial history of SIGM.
Insider buys/sells of SIGM.
Sigma Designs Inc designs manufactures (using subcontractors) and markets multimedia products for use with personal computers. Through theirREALmagic product line incorporating Moving Picture Experts Group (MPEG) technology they has become a leader in this emerging market. Sigma Designs Inc. has a market cap of $237.18 million; its shares were traded at around $9.15 with a P/E ratio of 6.04 and P/S ratio of 1.07.
Highlight of Business Operations:
Our primary product group consists of our SoC solutions. To a much lesser extent, we provide other products, such as customized development boards and wireless devices. For the nine months ended November 1, 2008 and November 3, 2007, we derived 99% and 97%, respectively, of our net revenue from our SoC solutions. Our SoC solutions consist of highly integrated semiconductors and software that process digital video and audio content. Our net revenue from sales of our SoC solutions increased $20.2 million, or 14%, for the nine months ended November 1, 2008 as compared to the corresponding period in the prior fiscal year. This increase in our SoCs sales was in part attributable to many of our customers commercially launching products incorporating our SoCs after successful initial trials. We began volume shipments in January 2006 of our SMP8630 series, which is our latest SoC solution for our target markets. This product series represented 83% and 79% of our net revenue for the nine months ended November 1, 2008 and November 3, 2007, respectively. We believe our success with the SMP8630 series product demonstrates our success in the growing IPTV market and to a lesser extent, the recently emerging Blu-ray player market.Read the The complete Report
More on SIGM:
Gurus buys and sells of SIGM
10-year financial history of SIGM.
Insider buys/sells of SIGM.
