12/09/15: Sigma Reports Better-Than-Expected Q3 Adjusted Earnings, But Said Q4 Revenue Would Be Below Wall Street Estimates—shares under pressure going into the close

NewsHedge Alert: 9:08:58am        Ticker: SIGM

Alert Price: $6.88        Change: – 12.79% by market close


Catalyst: (news, earnings info) Sigma Designs (SIGM) shares are under pressure at Wednesday’s open after the maker of chips used in home entertainment reported better-than-expected Q3 adjusted earnings, but said that Q4 revenue would come in well below Wall Street estimates.


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