Wistron NeWeb shipped over 10M Entropic-based MoCA devices Entropic and Wistron NeWeb announced WNC has shipped over 10M Entropic-based MoCA devices across service provider and retail platforms, worldwide. WNC and Entropic share a partnership in developing and designing home networking solutions that enable consumers to securely and reliably share and watch content across a variety of connected consumer electronics devices in the home.
Entropic now sees Q3 EPS approximately (15c), consensus (11c) Now sees Q3 revenue $43M, consensus $50.22M. Entropic announced revised financial guidance for Q3. Due primarily to less seasonal strength than was anticipated in the company's Direct Broadcast Satellite Outdoor Unit business, and to a lesser degree further weakness in legacy set-top box system-on-a-chip products, Entropic now expects revenue for Q3 to be approximately $43M. The company is making good progress on its previously announced restructuring plan and cost reduction efforts and therefore expects to be on the lower end of its previous guidance for operating expenses.