Sigma Designs (SIGM) : Q216 Earnings Whisper

Sigma Designs, Inc. (SIGM) is scheduled to release its fiscal 2016 second-quarter earnings results after the market close on Wednesday. Wall Street analysts are on average expecting SIGM to post $55.69 million in sales during the quarter. This would show a 0.38% decrease from the Q116 revenue of $55.9 million and an increase of 30.12% from the same period in Q215. EPS in Q216 are expected to come in at $0.06, a growth rate of 200% from ($0.06) per share a year earlier. Meanwhile, reports a whisper number of $0.06 per share.

As a quick reminder, SIGM reported Q116 EPS of $0.09, $0.08 better than the Street’s consensus estimate. Revs increased 51.49% yearo-over-year to $55.9 million versus the $53.42 million consensus.

Sigma Designs Inc. shares have a forward P/E of 31.09 and t-12 price-to-sales ratio of 1.86. EPS for the same period is ($0.35).

In the past 52 weeks, shares of Milpitas, California-based integrated semiconductor solutions provider have traded between a low of $3.65 and a high of $12.83 and are now at $10.88.

Shares are up 113.75% year-over-year and 47.03% year-to-date.

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