Entropic Communications (ENTR) Tops Q3 EPS by 22c; CEO Henry Resigns
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Entropic Reports Third Quarter 2014 Results
November 10, 2014 7:00 AM ESTCompany Announces Strategy to Refocus on Core Capabilities, Implements Restructuring Plan
Fourth Quarter Actions to Target Annualized Cost Savings of $44 Million
Exploration of Strategic Alternatives to Enhance Shareholder Value is Ongoing
Conference Call to be Webcast Today at 5:30 a.m. Pacific Time
SAN DIEGO, Nov. 10, 2014 (GLOBE NEWSWIRE) -- Entropic (Nasdaq: ENTR), a world leader in... More
Entropic Announces CEO Transition
November 10, 2014 7:00 AM ESTSAN DIEGO, Nov. 10, 2014 (GLOBE NEWSWIRE) -- Entropic (Nasdaq: ENTR) today announced that its Board of Directors has appointed board member Dr. Ted Tewksbury as interim President and Chief Executive Officer, effective immediately. Dr. Tewksbury succeeds Patrick Henry, who is leaving the Company and stepping down from Entropic's Board of Directors.
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