Exar Corp. (EXAR) Reports In-Line Q4 EPS, Offers Q1 Guidance; Will Review Strategic Options

Exar Corp. (NYSE: EXAR) reported Q4 EPS of $0.11, in-line with the analyst estimate of $0.11. Revenue for the quarter came in at $43.9 million versus the consensus estimate of $45.9 million.

Exar Corp. sees Q1 2015 EPS of $0.10-$0.12, versus the consensus of $0.12. Exar Corp. sees Q1 2015 revenue of $40-43 million, versus the consensus of $48.22 million.

"Following a detailed evaluation over the past several months, our Board of Directors has determined that it is prudent to undertake a wide review of strategic options to see which alternatives provide the best means to maximize stockholder value," said Mr. DiNardo. "Regardless of the outcome of the strategic alternatives review, the entire Exar team remains fully committed to meeting the needs of our customers and continuing to provide industry-leading solutions.

For earnings history and earnings-related data on Exar Corp. (EXAR) click here.

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