Exar Corp. (EXAR) Misses Q1 EPS by 1c
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Exar Corporation Announces First Quarter Fiscal Year 2016 Financial Results
August 4, 2015 4:05 PM EDTFREMONT, Calif., Aug. 4, 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 first fiscal quarter of 2016, which ended on June 28, 2015.
First Quarter Fiscal Year 2016 Highlights
For the first fiscal quarter, the Company reported revenue of $40.4 million, an increase of 24% versus the same quarter in the prior year. Prior year revenue has been adjusted to eliminate the impact of deferred revenue write-down... More