和信超媒体(GIGM) - 2023 Q2 - Quarterly Report

Exhibit 99.1 FOR IMMEDIATE RELEASE For further information contact: Investor Relations Department Country/City Code 8862 Tel: 2656-8000 IR@gigamedia.com.tw GigaMedia Announces Second-Quarter 2023 Financial Results TAIPEI, Taiwan, July 31, 2023 – GigaMedia Limited (NASDAQ: GIGM) today announced its secondquarter 2023 unaudited financial results. Comments from Management In the second quarter of 2023, GigaMedia reported revenues of $1.03 million, with a gross profit $0.57 million, an operating loss of $0.92 m ...