chART Analysis

[eastunder]

Trident Microsystems Q2 Revenues Blow Past Street Estimates.
By Eric Savitz

Trident Microsystems (TRID), which provides chips used in TVs and set-top boxes, posted better than expected Q2 results.

For the quarter, Trident reported revenue of $171.6 million and a non-GAAP loss of 9 cents a share; the Street had expected $155 million in revenue and a loss of 15 cents a share.

For Q3, the company sees revenue of $170 million to $180 million; the Street has been expecting $170 million.

TRID in late trading is up 4 cents, or 2.7%, to $1.52.