On Feb. 8, Silicon Image (NASDAQ:SIMG), maker of semiconductors for digital media, released fourth-quarter earnings for the period ended Dec. 31.

  • Revenues grew 42% and earnings roughly doubled.
  • Unimpressed, investors drove shares down 24% in afternoon trading. Wall Street pundits attribute that to disappointing FY 2007 revenue guidance of $340 million to $360 million.
  • Silicon Image carries a solid four-star rating in Motley Fool CAPS.

(Figures in thousands, except per-share data)

Income Statement Highlights

Q4 2006

Q4 2005

Change

Sales

$86,953

$61,356

41.7%

Net Profit

$26,273

$12,553

109.3%

EPS

$0.29

$0.15

93.3%

Diluted Shares

89,113

84,042

6.0%



Get back to basics with a look at the income statement.

Margin Checkup

Q4 2006

Q4 2005

Change*

Gross Margin

61.6%

58.0%

3.6

Operating Margin

28.3%

19.0%

9.4

Net Margin

30.2%

20.5%

9.8

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

Q4 2006

Q4 2005

Change

Cash + ST Invest.

$250,645

$151,562

65.4%

Accounts Rec.

$39,931

$30,141

32.5%

Inventory

$28,287

$17,072

65.7%



Liabilities

Q4 2006

Q4 2005

Change

Accounts Payable

$14,187

$13,372

6.1%

Long-Term Debt

$1,067

$230

363.9%



Learn the ways of the balance sheet.

Cash Flow Highlights
Sadly, a cash flow statement was not included in the earnings announcement.

Find out why Fools always follow the money.

Related Companies:

  • Genesis Microchip (NASDAQ:GNSS)
  • Trident Microsystems (NASDAQ:TRID)
  • PMC-Sierra (NASDAQ:PMCS)
  • Zoran (NASDAQ:ZRAN)
  • LSI Logic (NYSE:LSI)

Related Foolishness:

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Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.