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GigaMedia: 2Q Net Income of $52.5 Million

HONG KONG, August 26, 2010 – GigaMedia Limited (NASDAQ: GIGM) today announced second-quarter net income of $52.5 million primarily from the realization of a portion of the gain from the sale of a majority of the company's gambling software business.

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Other News for Investors
GigaMedia Second Quarter Results Conference Call – Click Here!
Transcript of GigaMedia 2Q 2010 Financial Results (8/26)
GigaMedia to Report Second-Quarter 2010 Financial Results on August 26 (8/5)
GigaMedia's Everest Poker and BetClic Poker Launch French Operations (7/2)
MTV Networks Asia and GigaMedia to Co-Develop World's First SpongeBob SquarePants Massively Multiplayer Online Game (MMOG); Deal Marks First MMOG to Feature a Nickelodeon Television Property; SpongeBob SquarePants Creative Team to Collaborate on Development (6/9)
GigaMedia's Everest Poker and BetClic Poker Receive French Licenses (6/8)
GigaMedia’s IAHGames and Blizzard Entertainment Partner to Bring StarCraft® II: Wings of Liberty™ to Southeast Asia; GigaMedia increases ownership of IAHGames to 80%; GigaMedia announces Q1 2010 financial results (5/27)
Transcript of GigaMedia Strategic Alliance with Blizzard Entertainment, Inc. and First-Quarter 2010 Financial Results (5/27)
GigaMedia to Report First-Quarter 2010 Financial Results on May 27 (5/21)
GigaMedia Completes Sale of Online Gambling Software Business; Reports Preliminary Q1 2010 Results (5/13)
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Investor relations contact :
Brad Miller
Director – Investor Relations
GigaMedia Limited
207 Tiding Boulevard – Section 2
Taipei 114, Taiwan (R.O.C.)
+886-2-2656-8016