SIGM: Inventory Overstock Hurts Revenue Expectations; Positions for BluRay
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Submitted By Knobias ClipReport
Trading on Sigma Designs, Incorporated (NASDAQ NM: SIGM) was down 19.002% following yesterday’s earning’s call in which the company reported Q4 2008 revenues of $76.40M, up 144.64% from a year ago and beating consensus by 1.14%. Adjusted Q4 EPS was $.80, up 196.30% from a year ago but missing consensus by 3.61%.
