Sigma Designs Reports Fourth Quarter and Fiscal 2009 Results

Wednesday, March 4th, 2009
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MILPITAS, Calif. — Sigma Designs®, Inc. (NASDAQ:SIGM), a leading provider of highly integrated system-on-chip, or SoC, solutions used to deliver multimedia entertainment throughout the home, today reported financial results and business highlights for its fourth fiscal quarter and year ended January 31, 2009.

Revenue for fiscal 2009 was $209.2 million, a decrease of 5% from $221.2 million in the previous year. GAAP net income for fiscal 2009 was $26.4 million, or $0.95 per diluted share, compared to $70.2 million, or $2.46 per diluted share, for fiscal 2008. Non-GAAP net income for fiscal 2009 was $43.7 million, or $1.58 per diluted share, a decrease from $69.9 million, or $2.45 per share, for 2008.

Fourth Quarter Highlights

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