Key Developments For Silicon Image Inc
Silicon Image Inc (SIMG.O) (Nasdaq)
Silicon Image, Inc. Issues FY 2009 Earnings Outlook Below Estimates; Issues Q4 2009 Revenue Outlook Below Estimates; Issues FY 2010 Outlook; Earnings Outlook Above Estimates-Conference Call
Silicon Image, Inc. announced that for fiscal 2009, it expects GAAP net loss in the range of approximately $145 to $150 million. For the fourth quarter of 2009, the Company expects revenues to be $34 to $37 million. For fiscal 2010, the Company expects to be able to break even with approximately $165 million in revenue. According to Reuters Estimates, analysts on an average were expecting the Company to report GAAP net loss of $63 million for fiscal 2009; revenue of $38 million for the fourth quarter of 2009; and loss per share of $0.08 on revenue of $162 million for fiscal 2010;
Silicon Image, Inc. Issues Q1 2009 Revenue Guidance Below Analysts' Estimates
Silicon Image, Inc. announced that for first quarter 2009 it expects revenue in the range of $40 million - $45 million. According to Reuters Estimates, analysts are expecting the Company to report revenue of $51 million for first quarter 2009.
Major Hollywood Studio Endorses Silicon Image, Inc.'s New LiquidPlay Content Protection Technology
Silicon Image, Inc. announced that the Fox Group has endorsed LiquidPlay, a new digital security technology introduced by Silicon Image. As a key feature of Silicon Image`s new LiquidHD personal entertainment technology, LiquidPlay content protection allows consumers to enjoy their purchased or rented digital multi-media content on any of their LiquidHD-enabled consumer electronics devices, in the home or on the go.
Silicon Image, Inc. Introduces LiquidHD Technology and the LiquidHD Display Processor
Silicon Image, Inc. announced that it has introduced LiquidHD, a new personal entertainment technology designed to quickly and easily connect TVs, consumer electronics (CE) devices, personal computers (PCs), portable media devices (PMDs) and home theaters into a seamless network where consumers can enjoy digital content from any source device on any LiquidHD-enabled display in the home. The Company also introduced the SiI6100 HD display processor, the world`s first device supporting the newly introduced Silicon Image LiquidHD technology. LiquidHD is the new personal entertainment technology designed to quickly and easily connect TVs, consumer electronics (CE) devices, personal computers (PCs), portable media devices (PMDs) and home theaters into a seamless network where consumers can enjoy digital content from any source device on any LiquidHD-enabled display in the home.
Silicon Image, Inc. Lowers Q4 2008 Revenue Guidance; Comments On FY 2009 EBIT Guidance
Silicon Image, Inc. updated its guidance for the fourth quarter 2008. Revenue for the fourth quarter 2008 is currently expected to be in the range of $56-$58 million. The Company's previous guidance for fourth quarter 2008 revenue was in the range of $68-$69 million. For fiscal 2009, the Company expects continue to be profitable at the operating profit level, excluding stock based compensation expense and amortization of intangible assets in every quarter. According to Reuters Estimates, analysts were expecting the Company to report revenue of $67 million for the fourth quarter 2008; EBIT of $$5.5 million for fiscal 2009.
