Exar (EXAR) Reports a Q3 Loss; Guides In-line for Q4 Revenues
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Exar (NASDAQ: EXAR) reports a Q3 loss of $0.06, in-line with the analyst estimate of ($0.06). Revenue for the quarter was $31.6 million, which compares to the estimate of $32 million.
For the third quarter of fiscal 2010, the Company expects that net sales will be between $32.0 million and $34.0 million vs. consensus of $33.50M.
Sees Q3 non-GAAP gross margin will be between 51% and 53% and non-GAAP operating expenses will be between $19.5 million and $20.5 million.
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