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

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

Roth Capital Remains Bullish Following Exar Corp. (EXAR) 4Q15 Results

May 13, 2015 10:03 AM EDT

Roth Capital maintains their Buy rating on Exar Corp. (NYSE: EXAR), and lowers the price target to $13.00 (from $14.00), following 4Q15 results. EXAR reported revenues of $43.9 mm (up 57% y/y), and a proforma EPS of $0.11. The revenue increase was due, in part, to the iML acquisition targeting the high-end consumer flat panel TV and tablet... More