Silicon Image (Nasdaq: SIMG) reported earnings on July 30. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q2), Silicon Image beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded significantly. Non-GAAP earnings per share expanded significantly. GAAP earnings per share expanded.

Gross margins shrank, operating margins grew, net margins grew.

Revenue details
 Silicon Image booked revenue of $73.7 million. The six analysts polled by S&P Capital IQ predicted sales of $71.9 million on the same basis. GAAP reported sales were 15% higher than the prior-year quarter's $63.8 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
 EPS came in at $0.08. The five earnings estimates compiled by S&P Capital IQ forecast $0.07 per share. Non-GAAP EPS of $0.08 for Q2 were 60% higher than the prior-year quarter's $0.05 per share. GAAP EPS were $0.05 for Q2 versus -$0.01 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Margin details
 For the quarter, gross margin was 57.7%, 150 basis points worse than the prior-year quarter. Operating margin was 8.1%, 400 basis points better than the prior-year quarter. Net margin was 5.9%, 740 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $80.3 million. On the bottom line, the average EPS estimate is $0.10.

Next year's average estimate for revenue is $288.9 million. The average EPS estimate is $0.27.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 685 members out of 719 rating the stock outperform, and 34 members rating it underperform. Among 123 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 116 give Silicon Image a green thumbs-up, and seven 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 $8.08.

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