Entropic (ENTR -4.4%) slightly raises its Q4 guidance for EPS to $0.11 and for revenue to $56M,...

|About: Entropic Communications, ... (ENTR)|By:, SA News Editor

Entropic (ENTR -4.4%) slightly raises its Q4 guidance for EPS to $0.11 and for revenue to $56M, above Street forecasts in both cases. The company, which designs chipsets for video and broadband multimedia applications, also says it will bid $55M for assets of Trident Microsystems' (TRID) set-top box chips business.