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GigaMedia: Hits Q1 Revenue Forecast of $44.4 Million

HONG KONG, June 9, 2009 – GigaMedia Limited (NASDAQ: GIGM) today reported first-quarter revenues of $44.4 million, net income of $4.8 million, and earnings per share of $0.09 basic and $0.08 fully-diluted. First-quarter results were negatively affected by global economic conditions and continued weakness of the euro against the U.S. dollar.

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Other News for Investors
Transcript of GigaMedia 1Q 2009 Financial Results (6/9)
GigaMedia to Report First-Quarter 2009 Financial Results on June 9 (5/22)
GigaMedia Appoints New Chairman (5/18)
GigaMedia Announces Board Resignation (4/30)
GigaMedia to Bring Megahit Luna Online to China (4/2)
GigaMedia: 2008 Record Profit of $44.4 Million on 25% Revenue Growth (3/31)
Transcript of GigaMedia 4Q 2008 Financial Results (3/31)
GigaMedia 4Q: Net Income In-Line with Market Expectations (3/13)
GigaMedia Partners with Renowned Victor Chandler, Launches Sports Betting (12/23)
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Investor relations contact :
Brad Miller
Director – Investor Relations
GigaMedia Limited
207 Tiding Boulevard – Section 2
Taipei 114, Taiwan (R.O.C.)
+886-2-2656-8016