Exar Corp. (EXAR) Misses Q4 EPS by 1c; Guides Q1 EPS
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Exar Corporation Announces 2016 Fourth Quarter and Fiscal Year-End Financial Results
May 11, 2016 4:06 PM EDTFREMONT, Calif., May 11, 2016 /PRNewswire/ --Â Exar Corporation (NYSE: EXAR) a leading supplier of analog mixed-signal semiconductor components and system solutions serving the industrial, high-end consumer and infrastructure markets, today announced financial results for the Company's 2016 fourth quarter and fiscal year-end, which ended on March 27, 2016.
Richard L. Leza, Exar's Chairman and Interim President and CEO, commented, "We delivered solid non-GAAP results within our EPS expectation range. Â Revenue does not include $1.1 million of display shipments to a single direct customer, which, although shipped in the fourth quarter, did not meet revenue... More
