Entropic Communications (ENTR) Tops Q3 EPS by 22c; CEO Henry Resigns

Go back to Entropic Communications (ENTR) Tops Q3 EPS by 22c; CEO Henry Resigns

Entropic Reports Third Quarter 2014 Results

November 10, 2014 7:00 AM EST

Company 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 EST

SAN 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.

... More