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Silicon Image Inc Lowers Q4 2012 Revenue Guidance; Comments On Q1 2013 Revenue Guidance

Friday, 4 Jan 2013 06:00am EST 

Silicon Image Inc updated its fourth quarter 2012 guidance and expects revenue to be in the range of $59 million to $60 million. The Company's previous guidance for fourth quarter 2012 revenue was in the range of $64 million to $67 million. The reduction is the result of the rescheduling of certain orders by customer. For first quarter of 2013, it expects revenues to be higher sequentially based on ordering patterns driven by the continued growth of MHL and an improved consumer electronics environment. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $65 million for the fourth quarter of 2012; revenue of $65 million for first quarter of 2013. 

Company Quote

0.29 +5.92%
19 Dec 2014