Entropic Communications (ENTR) Boosts Q2 EPS, Revs Outlook

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Entropic Communications, Inc. (Nasdaq: ENTR), announced expected revenue in the second quarter of 2012 will be stronger than the Company's previous outlook, which was provided on April 24, 2012.

Entropic now expects second quarter revenue to range between $81 million and $82 million. The Company's previous guidance for the second quarter was for revenue to range between $75 million and $77 million.

The Street sees revs of $76.12 million.

The Company expects GAAP earnings per share for the second quarter of approximately $0.00 and non-GAAP earnings per share of approximately $0.08. The Company's previous guidance was for non-GAAP earnings per share of $0.03.

The Street sees EPS of $0.03.

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