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Stock Market & Financial Investment News

News Breaks
January 9, 2013
16:38 EDTGIGGigOptix reduces global workforce by 10% and reduces salaries
GigOptix has taken actions which became effective today to adjust overall spending. These actions include reducing the companyís global workforce by about 10%, primarily in the companyís support and administrative functions, and company-wide salary reductions ranging between 5%-25% based on an individualís salary level. These actions are expected to result in approximately $450K of quarterly cost savings once the plan is fully implemented.
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July 28, 2014
16:15 EDTGIGGigOptix raises FY14 revenue growth view to 12% from up to 10%
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16:13 EDTGIGGigOptix sees Q3 revenue $8.2M-$8.4M, consensus $8.14M
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16:12 EDTGIGGigOptix reports Q2 EPS 1c, consensus 0c
Reports Q2 revenue $8.0M, consensus $7.7M.

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