Exar (EXAR) Target, Estimates Cut at Needham & Company

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Exar Corp. (EXAR) Cowen Firm on Exar (EXAR) at Outperform; Sees Improving Results in H214/H115

April 3, 2014 6:54 AM EDT

Cowen and Company is keeping Exar Corp. (NYSE: EXAR) at Outperform with a price target of $14 following preliminary FQ4 results.

After markets closed Wednesday, Exar reported that it sees FQ4 revs of about $28 million, while the Street consensus is at $31 million.

Cowen... More

Exar Corp. (EXAR) Cuts Q4 Revs Outlook

April 2, 2014 5:01 PM EDT

Exar Corp. (Nasdaq: EXAR) updated its outlook for fiscal fourth quarter revenue.  The Company now expects revenue to be approximately $28 million.

*** The Street is at revs of $30.9 million.

Exar President and CEO Louis DiNardo noted, "Delays in high reliability programs and... More