Sigma Designs (SIGM) announces voluntary delisting from Nasdaq

Sigma Designs (NASDAQ:SIGM) announced its intention to file a Form 25 on or about August 15, 2018 with the SEC to delist its common stock from the Nasdaq, following the planned payment of $6/sharre on August 14, 2018 to its shareholders of record on July 31, 2018.

The ex-dividend date for the special cash distribution, as established by NASDAQ, is August 15, 2018.

The company continues to expect to make at least one additional distribution to shareholders as it continues to execute on the plan of liquidation and dissolution.

See: Press release

SIGM — is it a buy?

• June 2:  Is SIGM a buy?

• 6 weeks later: NO

SIGM — is it a sell?

• Apr. 29:  Is SIGM a sell?

• 6 weeks later: NO

Sigma Designs (SIGM) reported earnings Tue 8 Dec 2015 (a/h)

** charts before earnings **

** charts after earnings **

Sigma Designs beats by $0.04, reports revs in-line :

• Reports Q3 (Oct) earnings of $0.13 per share, excluding non-recurring items,$0.04 better than the Capital IQ Consensus of $0.09; revenues rose 14.5% year/year to $61.6 mln vs the $61.55 mln Capital IQ Consensus. 
• Q3 Non-GAAP gross margin was 51.7%. This compares with 51.4% in Q3 of last year. The sequential improvement in non-GAAP gross margin was due primarily to product mix.