Updated from April 1

Silicon Image ( SIMG) said Thursday its results will exceed prior first-quarter guidance, with sequential revenue growth in the double digits.

Shares of Silicon Image were recently up $1.49, or 14%, to $12.14.

In a post-close press release Thursday, the Sunnyvale, Calif.-based semiconductor maker said it expects first-quarter revenue to grow 14% to 17% sequentially, up from its prior guidance calling for 6% to 9% growth.

Analyst estimates, gathered by Thomson First Call, pegged first-quarter revenue at $32.9 million, representing an 8.5% sequential jump.

Management said all of its business lines are exceeding its targets and orders continue at record levels. The company expects second-quarter revenue to grow 5% to 10% sequentially.

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