Exar Corp. (EXAR) Reports In-Line Q3 EPS, Offers Q4 Guidance

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Exar Corporation Announces Fiscal 2017 Third Quarter Financial Results

February 1, 2017 4:05 PM EST

FREMONT, Calif., Feb. 1, 2017 /PRNewswire/ -- Exar Corporation (NYSE: EXAR) a leading supplier of analog mixed-signal application specific technology solutions serving the Industrial, Infrastructure, Automotive, and Audio/Video markets, today announced financial results for the Company's fiscal year 2017 third quarter, which ended on January 1, 2017.  Unless otherwise indicated, all non-GAAP financial results exclude the financial results of the iML Display business, which the Company has divested, and are presented in the GAAP results as discontinued operations.

Fiscal 2017 Third Quarter Highlights

Net sales of $27.2 million, down 1% sequentially GAAP... More