Silicon Image (SIMG) tumbled 10% late Thursday after the chip company warned of soft fourth-quarter sales.
The Sunnyvale, Calif., company made $8 million, or 9 cents a share, for the quarter ended Sept. 30, down from the year-ago $9 million, or 12 cents a share. Excluding certain items, latest-quarter earnings were 24 cents a share, 3 cents ahead of the Thomson Financial analyst consensus estimate.
Revenue rose to $78 million from $56 million a year earlier, beating the $77.6 million Thomson estimate.
But the company said it expects revenue for the fourth quarter ending Dec. 31 to fall 3%-5% sequentially, "due to normal seasonality for semiconductor sales in the consumer electronics market."
Analysts were looking for revenue of $79 million.
Shares fell $1.47 to $12.72.