Silicon Image Beats Up on Analysts Yet Again

Seth Jayson, The Motley Fool
Updated

Silicon Image (NAS: SIMG) reported earnings on Feb. 5. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Dec. 31 (Q4), Silicon Image met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue increased slightly and GAAP earnings per share expanded to zero.


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

Revenue details
 Silicon Image tallied revenue of $59.6 million. The six analysts polled by S&P Capital IQ predicted a top line of $59.5 million on the same basis. GAAP reported sales were 1.5% higher than the prior-year quarter's $58.7 million.

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

EPS details
 EPS came in at $0.08. The five earnings estimates compiled by S&P Capital IQ averaged $0.03 per share. GAAP EPS contracted to zero from the prior-year quarter's -$0.12.

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

Margin details
 For the quarter, gross margin was 49.1%, 1,180 basis points worse than the prior-year quarter. Operating margin was 1.0%, 710 basis points worse than the prior-year quarter. Net margin was -0.4%, 1,700 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $61.8 million. On the bottom line, the average EPS estimate is $0.02.

Next year's average estimate for revenue is $293.3 million. The average EPS estimate is $0.32.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 690 members out of 725 rating the stock outperform, and 35 members rating it underperform. Among 130 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 121 give Silicon Image a green thumbs-up, and nine 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 $7.67.

Is Silicon Image the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.

The article Silicon Image Beats Up on Analysts Yet Again originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Advertisement