和信超媒体(GIGM) - 2023 Q3 - Quarterly Report

Exhibit 99.1 FOR IMMEDIATE RELEASE For further information contact: Investor Relations Department Country/City Code 8862 Tel: 2656-8096 IR@gigamedia.com.tw GigaMedia Announces Third-Quarter 2023 Financial Results TAIPEI, Taiwan, October 31, 2023 – GigaMedia Limited (NASDAQ: GIGM) today announced its thirdquarter 2023 unaudited financial results. Comments from Management In the third quarter of 2023, GigaMedia reported revenues of $1.07 million, with a gross profit of $0.58 million, an operating loss of $0.8 ...