Silicon Image Inc., in a filing with the Securities and Exchange Commission said that, the company might raise additional capital. The company said, “In addition, cash may be required for future acquisitions should we choose to pursue any. To the extent existing resources and cash from operations are insufficient to support our activities; we may need to raise additional funds through public or private equity or debt financing. These funds may not be available, or if available, we may not be able to obtain them on terms favorable to us.”

Silicon Image Inc. reported unaudited consolidated earnings results for the nine months ended September 30, 2009. For the nine months, the company's revenue was $115,004,000 compared to $214,972,000 a year ago. Loss from operations was $66,515,000 compared to $57,000 a year ago. Loss before provision for tax was $64,282,000 compared to income before provision for tax of $5,037,000 a year ago. Net loss was $62,169,000 or $0.83 per basic and diluted share compared to net income of $5,050,000 or $0.07 per basic and diluted share a year ago. Non GAAP net loss was $11,255,000 or $0.15 per diluted share compared to non GAAP net income of $26,076,000 or $0.34 per diluted share a year ago. Cash used in operating activities was $28,232,000 compared to cash from operating activities of $27,251,000 a year ago. Purchases of property and equipment were $2,855,000 compared to $6,028,000 a year ago.

Silicon Image Inc. reported earnings results for the third quarter ended September 30, 2009. The company reported non-GAAP net income of $7.6 million compared to $4.1 million in third quarter 2008. Revenue was $37.2 million compared to $77.8 million for 2008. On a year-over-year basis revenue was negatively impacted by the global economic slowdown in the impact of product transition. Operating losses was $5.2 million compared to operating profit of $12 million for 2008. Operating loss improved sequentially as a result of higher gross margin and reduced operating expenses. Non-GAAP net loss was $3.4 million or $0.04 per share against non-GAAP income of $17.7 million or $0.23 per diluted share. GAAP net loss was $15.5 million or $0.21 per share compared to a GAAP net income of $6.1 million or $0.08 per share. GAAP net loss increased sequentially primarily as a result of professional fees, stock based compensation and a lower net tax benefit realized during the quarter offset in part by restructuring charges recorded in second quarter. Capital expenditures were $0.6 million compared to $1 million for third quarter of 2008. For the full year of 2009, the company expects a GAAP net loss in the range of approximately $145 million to $150 million. The company expect to be able to breakeven with approximately $165 million in annual revenue with an overall gross margin of 55%.