Sigma Designs reported net revenue of $26.5 million for Q4 2018, a massive decline of $16.1 million in revenues, compared to the revenue of $42.7 million reported in Q4 2017. The company reported the net loss of $73.4 million in the Q4 2018 whereas net loss for Q4 2017 was $8.7 million.
For the whole year, net revenue was $139.5 million for the fiscal 2018, a massive decline of $81 million in revenues, compared to the revenue of $220.5 million reported in the last fiscal 2017. Company reported the net loss of $122.2 million in the fiscal year 2018 whereas the net loss for fiscal 2017 was $18.6 million.
Sigma completed the sale of its Z-Wave business to Silicon Labs for $240 million as it gradually liquidates its business.
