Entropic Communications Inc. (ENTR) reported fourth quarter GAAP net income attributable to common stockholders of $1.02 million or $0.01 per share, compared to a loss of $118.94 million or $1.74 per share in the prior year quarter.
Non-GAAP net income for the quarter was $3.6 million, or $0.05 per share, compared to a loss of $433 thousand or $0.01 per share in the year-ago quarter.
On average, 11 analysts polled by Thomson Reuters expected the company to report profit of $0.04 per share for the quarter. Analysts' estimates typically exclude special items.
Net revenues for the quarter was $35.1 million, up 19% from $29.5 million in the prior year. Analysts expected revenue of $34.77 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.