Silicon Image (NAS: SIMG) reported earnings on July 31. 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 earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP loss per share shrank.
Margins expanded across the board.
Silicon Image reported revenue of $63.8 million. The five analysts polled by S&P Capital IQ expected to see a top line of $61.1 million on the same basis. GAAP reported sales were 19% higher than the prior-year quarter's $53.6 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 $0.05. The four earnings estimates compiled by S&P Capital IQ forecast $0.03 per share. GAAP EPS were -$0.01 for Q2 against -$0.02 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 59.2%, 100 basis points better than the prior-year quarter. Operating margin was 4.1%, 150 basis points better than the prior-year quarter. Net margin was -1.5%, 90 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $72.4 million. On the bottom line, the average EPS estimate is $0.08.
Next year's average estimate for revenue is $261.3 million. The average EPS estimate is $0.19.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 688 members out of 722 rating the stock outperform, and 34 members rating it underperform. Among 111 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 102 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 $8.83.
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The article Silicon Image Beats on Both Top and Bottom Lines originally appeared on Fool.com.
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