Entropic (ENTR -11.7%
) is starting at big losses following its Q3 report
. The results weren't bad, but the chipmaker guided on its earnings call
for Q4 revenue of $89M-$92M and EPS of $0.08, below a consensus of $92.8M and $0.09. Entropic, which is digesting
Trident Microsystems' set-top box chip unit, also warned its gross margin could slip thanks to a mix shift towards set-top box SoCs relative to home networking chips.