Trident Microsystems Reports Results for Third Quarter Ended Sept. 30, 2010

SUNNYVALE, Calif. — Trident Microsystems, Inc. (Nasdaq: TRID), a leader in high-performance semiconductor system solutions for the connected home, today announced results for its third quarter ended Sept. 30, 2010.

For the quarter, the company reported net revenues of $176.6 million, which compares with $171.6 million in the prior sequential quarter and $31.1 million in the quarter ended Sept. 30, 2009. On a generally accepted accounting principles (“GAAP”) basis, the company reported a net loss for the quarter of $17.5 million, or $0.10 per share. This compares with a net loss of $48.8 million, or $0.28 per share in the prior sequential quarter and a net loss of $17.2 million, or $0.25 per share, in the quarter ended Sept. 30, 2009.

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