Trident Microsystems, announced results for its fourth quarter ended Dec. 31, 2010. For the quarter, the company reported net revenues of $118.6 million, which compares with $176.6 million in the prior sequential quarter and $31.9 million in the quarter ended Dec. 31, 2009. On a generally accepted accounting principles ("GAAP") basis, the company reported a net loss for the quarter of $53.8 million, This compares with a net loss of $17.5 million in the prior sequential quarter and a net loss of $23.4 million in the quarter ended Dec. 31, 2009.
The year 2010 ended with revenue of $557.2 million and a net loss of $128.9 million.