Sigma Designs Inc. Q3 Income Rises 220%

(RTTNews) - Sigma Designs Inc. (SIGM) released earnings for its third quarter that climbed compared to the same period last year.

The company said its bottom line totaled $4.71 million, or $0.13 per share. This was higher than $1.47 million, or $0.04 per share, in last year's third quarter.

Analysts had expected the company to earn $0.11 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 14.5% to $61.58 million. This was up from $53.78 million last year.

Sigma Designs Inc. earnings at a glance:

-Earnings (Q3): $4.71 Mln. vs. $1.47 Mln. last year. -Earnings Growth (Y-o-Y): 220.4% -EPS (Q3): $0.13 vs. $0.04 last year. -EPS Growth (Y-o-Y): 225.0% -Analysts Estimate: $0.11 -Revenue (Q3): $61.58 Mln vs. $53.78 Mln last year. -Revenue Change (Y-o-Y): 14.5%