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Entropic Communications Inc Issues Q1 2013 Guidance Below Analysts' Estimates-Conference Call


Tuesday, 5 Feb 2013 09:30pm EST 

Entropic Communications Inc announced that for the first quarter of 2013, it expects top line revenue to be in the range of $79 million to $81 million and non-GAAP net income to be about $1.7 million at the midpoint of guidance resulting in earnings per share of $0.02 based on a fully diluted weighted average share count of about 92 million shares. According to I/B/E/S estimates, analysts were expecting the Company to report revenue of $87 million, net income of $6.7 million and EPS of $0.07 for the first quarter of 2013. 

Company Quote

3.24
0.04 +1.25%
11 Jul 2014