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

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Exar Corporation Announces Fourth Quarter and Fiscal Year 2015 Financial Results

May 12, 2015 4:05 PM EDT

FREMONT, Calif., May 12, 2015 /PRNewswire/ -- Exar Corporation (NYSE: EXAR) a leading supplier of analog mixed-signal semiconductor components and system solutions serving the industrial and embedded, high-end consumer and infrastructure markets, today announced financial results for the Company's fourth fiscal quarter and fiscal year 2015, which ended on March 29, 2015.

Fiscal 2015 Financial Highlights and Outlook

For the fourth fiscal quarter, the Company reported revenue of $43.9 million, an increase of 57% versus the prior year, and non-GAAP earnings per diluted share of $0.11.  For the fourth fiscal quarter, GAAP loss per diluted share was... More