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Exar Corp (EXAR.N)

EXAR.N on New York Stock Exchange

10.43USD
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Exar Corp Q3 non-gaap EPS $0.07
Wednesday, 1 Feb 2017 04:05pm EST 

Exar Corp : Exar corporation announces fiscal 2017 third quarter financial results . Q3 non-gaap earnings per share $0.07 . Q3 sales $27.2 million versus I/B/E/S view $27.1 million . Q3 earnings per share view $0.07 -- Thomson Reuters I/B/E/S . Q3 gaap loss per share $0.01 from continuing operations . Sees Q4 net sales $27.7 million, plus or minus $0.5 million . Sees Q4 gaap eps $0.00 to $0.03, sees Q4 non-gaap eps $0.07 to $0.09 . Q4 earnings per share view $0.08, revenue view $29.0 million -- Thomson Reuters I/B/E/S .Sees Q4 gaap gross margin 50.0 pct to 52.0 pct, sees q4 non-gaap gross margin 53.0 pct to 55.0 pct.  Full Article

Exar Corp sees Q2 non-gaap eps $0.07 to $0.09
Wednesday, 3 Aug 2016 04:05pm EDT 

Exar Corp : Exar corporation announces fiscal 2017 first quarter financial results . Q1 gaap earnings per share $0.15 from continuing operations . Q1 earnings per share view $0.07 -- Thomson Reuters I/B/E/S . Q1 gaap earnings per share $0.18 . Q1 non-gaap earnings per share $0.08 from continuing operations . Q1 sales $27.1 million versus i/b/e/s view $26.6 million . Q1 non-gaap earnings per share $0.08 . Sees Q2 net sales flat to up 3% sequentially . Sees Q2 gaap eps $0.00 to $0.02; non-gaap eps $0.07 to $0.09 . Q2 earnings per share view $0.08, revenue view $27.5 million -- Thomson Reuters I/B/E/S .Sees q2 gaap eps $0.00 to $0.02; q2 non-gaap eps $0.07 to $0.09.  Full Article

Exar signs agreement to sell iML subsidiary for $136 mln
Thursday, 2 Jun 2016 04:05pm EDT 

Exar Corp: Exar signs definitive agreement to sell its iML subsidiary for $136 million, net of cash . After reflecting iML as discontinued operation, Exar anticipates net sales in Q1 of fiscal 2017 to be in range of $26.1 million to $27.1 million . Purchase price for transaction is $136 million , net of cash acquired .After reflecting iML as a discontinued operation, anticipates Q1 adjusted net income per diluted share in range of $0.06 to $0.09.  Full Article

Exar corporation announces Ryan A Benton's appointment as new CEO
Tuesday, 31 May 2016 04:05pm EDT 

Exar Corp : Exar corporation announces Ryan A. Benton's appointment as new ceo . Keith Tainsky promoted to CFO . Benton will replace Richard L. Leza , interim president and chief executive officer .Richard l. Leza will assume role of executive chairman and technology advisor of Exar.  Full Article

Exar Corp Q4 loss per share $0.04
Wednesday, 11 May 2016 04:21pm EDT 

Exar Corporation Announces 2016 Fourth Quarter And Fiscal Year : Sees 2016 gaap revenues of $149.4 million decreased $12.7 million or 8% from $162.1 million . Sees 2016 gaap loss per share of $0.33 compared to a $0.95 loss per share for fiscal year 2015 . Sees 2016 non-gaap revenues of $151.9 million decreased $12.2 million or 7% . Sees 2016 non-gaap diluted earnings per share of $0.31 increased $0.02 per share from fiscal year 2015 . For 2017 q1 ending july 3, 2016 , company expects revenue to be up 7% to 12% sequentially . End financial results . Q4 non-gaap earnings per share $0.08 . Q4 loss per share $0.04 . Q4 revenue $36.8 million versus i/b/e/s view $38.4 million . Q4 earnings per share view $0.09 -- Thomson Reuters I/B/E/S .Sees q1 2017 non-gaap earnings per share $0.09 to $0.13.  Full Article

Exar Corp gives Q4 2016 outlook
Wednesday, 3 Feb 2016 04:06pm EST 

Exar Corp:Expects Q4 2016 revenue to be flat to up 5% sequentially, non-GAAP gross margin to be in the range of 47% to 49%, and non-GAAP EPS on a fully diluted basis to increase to the range of $0.08 to $0.10.  Full Article

Exar Corp gives Q3 2016 guidance; revenue guidance above analysts' estimates; gives FY 2016 guidance in line with analysts' estimates
Thursday, 5 Nov 2015 04:05pm EST 

Exar Corp:Expects Q3 2016 revenue to be flat to up 3% sequentially and non-GAAP EPS on a fully diluted basis to be in the range of $0.06 to $0.08.Expects FY 2016 non-GAAP revenue to be in the range of $153 million to $156 million and Non-GAAP EPS on a fully diluted basis to be in the range of $0.30 to $0.34.Reported revenue of $34.7 million in Q2 2016.Q3 2016 revenue of $38.7 million and EPS of $0.07 - Thomson Reuters I/B/E/S.FY 2016 revenue of $156 million and EPS of $0.31 - Thomson Reuters I/B/E/S.  Full Article

Exar Corp Announces Departure of President & Chief Executive Officer
Tuesday, 20 Oct 2015 08:30am EDT 

Exar Corp:Announces departure of president & chief executive officer and preliminary fiscal 2016 second quarter financial results.Board of directors has appointed Chairman of the board, Richard L. Leza, as interim president and Chief Executive Officer.Leza's appointment follows a mutual agreement by the company's board of directors and Louis dinardo that he will step down as CEO.Says preliminary second quarter fiscal year 2016 non-GAAP revenue of approximately $37 million and non-GAAP earnings per share of $0.06.Interim CEO leza will work closely with executive TEAM, board to oversee ongoing operations and strategic initiatives.Says board will immediately commence a search for a permanent replacement for the president and chief executive officer.Says leza will continue to serve as a member of the board of directors.  Full Article

Exar Corp gives Q2 2015 outlook below analysts' estimates
Tuesday, 4 Aug 2015 04:05pm EDT 

Exar Corp:Expects Q2 2015 revenue to decline sequentially 5% to 9%.Expects Q2 2015 non-GAAP EPS on a fully diluted basis to be in the range of $0.06 to $0.09.Reported revenue of $40.42 mln in Q1 2015.Q2 2016 revenue of $44.4 million and EPS of $0.13 - Thomson Reuters I/B/E/S.  Full Article

Exar Corp gives Q1 2016 EPS guidance; revenue guidance below analysts' estimates
Tuesday, 12 May 2015 04:05pm EDT 

Exar Corp:Expects Q1 2016 revenue to be in the range of $40.0 million to $43.0 million, and non-GAAP EPS on a fully diluted basis to be in the range of $0.10 to $0.12.Q1 2016 revenue of $48 million and EPS of $0.12 - Thomson Reuters I/B/E/S.  Full Article

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BRIEF-Exar Corp Q3 non-gaap EPS $0.07

* Exar corporation announces fiscal 2017 third quarter financial results