SiliconBeat

Silicon Image had to file an 8-K Tuesday afternoon correcting a verbal gaffe made by its chief financial officer Robert Freeman earlier in the day.

While participating in the “Deutsche Bank Semiconductor Bus Tour,” a traveling Web cast for analysts and investors, Freeman “misstated the company’s previously announced revenue guidance for 2007,” saying that the company, which makes digital video chips, was forecasting sales for the year of between $310 million and $325 million. Not true, says the filing. The company, “expects its revenue for 2007 to range between $305 million and $315 million,” as it previously announced on Aug. 2.

Freeman, who has served as the Sunnyvale company’s CFO since 2005, also said that one “item of licensing revenue in the first quarter of 2007” was $17.5 million. That was wrong by a factor of ten. It was $1.7 million. The company felt it necessary to point out that its total “development, licensing and royalty revenues for the quarter” were actually $13.5 million.

Silicon Image shares rose 15 cents, or 3 percent, to $5.45 Tuesday before the company’s correction was filed with the SEC.

The company reported back in April that “Mr. Freeman has informed us that he intends to retire following a transition period ending not later than September 30, 2007.”

Perhaps not a moment too soon.