Entropic Communications Inc. (ENTR) reported a third-quarter GAAP net loss attributable to stockholders of $1.2 million compared to a net loss of $7.1 million last year. Loss per attributable to stockholders share was $0.02 compared to a loss of $0.11 per share prior year.
Non-GAAP net income was $1.4 million compared to a net loss of $1.2 million a year ago. Non-GAAP net income per share was $0.02 compared to a loss of $0.02 per share a year ago.
On average, 9 analysts polled by Thomson Reuters expected the company to report profit of $0.01 per share for the quarter. Analysts' estimates typically exclude special items.
Net revenues were $31.0 million compared to $31.7 million last year. Analysts expected revenue of $29.55 million for the quarter.
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