Silicon Image Inc. (SIMG) reported second quarter non-GAAP net income of $0.03 per share after the bell Tuesday, compared to the loss of $0.06 per share last year.
Silicon Image gapped up sharply Wednesday and climbed until the middle of the morning. Shares advanced further late in the afternoon and closed up by 1 point at $4.35 on the highest volume of the year. The stock broke out past resistance and set a new high for the year.
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