Silicon Image (Nasdaq: SIMG ) reported earnings yesterday. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Silicon Image beat expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP loss per share increased.
Margins contracted across the board.
Silicon Image booked revenue of $55 million. The five analysts polled by S&P Capital IQ expected to see revenue of $53.6 million on the same basis. GAAP reported sales were 12% higher than the prior-year quarter's $49 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at -$0.01. The four earnings estimates compiled by S&P Capital IQ anticipated -$0.01 per share. GAAP EPS were -$0.12 for Q1 versus -$0.01 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 57.8%, 80 basis points worse than the prior-year quarter. Operating margin was -11.9%, 1,240 basis points worse than the prior-year quarter. Net margin was -17.4%, 1,570 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $60.1 million. On the bottom line, the average EPS estimate is $0.03.
Next year's average estimate for revenue is $263.1 million. The average EPS estimate is $0.22.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 692 members rating the stock outperform and 35 members rating it underperform. Among 138 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 128 give Silicon Image a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Silicon Image is buy, with an average price target of $8.80.
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