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Exar Corporation

Fremont, California (California) US

Integrated circuits, semiconductor networks, etc., Semiconductor and Related Device Manufacturing...

TEL: 5106687000   
http://www.exar.com

Company location:

 

News and Blogs

Total : 50 View more »

Exar taps up Farnell's global reach

www.electronicsweekly.com | Oct 13, 2009

Paul Stafford, director of global channel sales at Exar said the Californian company wants to make the most of Premier Farnell's global market reach and strong web presence.

http://www.electronicsweekly.com/blogs/parallel-processors/2009/10/exar-taps-up-farnells-global-r.html

Exar Corporation Continues to Invest in Dynamic China Region

www.prnewswire.com

Exar Corporation Continues to Invest in Dynamic China Region. Joyou Data Technology Ltd., and Suntektech Co. Ltd., Added to Expanding Exar Distributor Network to Support Data Security Solutions.

http://www.prnewswire.com/news-releases/exar-corporation-continues-to-invest-in-dynamic-china-region-67335827.html

Single-Chip SONET/SDH Framers deliver 40G of bandwidth.

news.thomasnet.com | Oct 29, 2009

October 29, 2009 - Tethys(TM) II devices, PEB2756 and PEB2757, provide flexible feature set that can be coupled with Optical Transport Network devices to enable next-generation line cards for optical networking.

http://news.thomasnet.com/fullstory/567792

 

Exar selects Cadence as mixed-signal design solutions provider - Zibb.com

Semiconductor company Exar Corporation has entered into an expanded business agreement to establish Cadence Design Systems as its chip planning and mixed-signal design solutions provider. Both the firms are based in the US.

As a result of the new multi-year agreement, the Cadence Virtuoso and Encounter platforms, as well as the Cadence chip planning solution, will make up Exar's key mixed-signal design environment for designs at 65 nanometers and below, said Cadence.

With the new agreement, Exar has chosen the Cadence Virtuoso platform for its analog and custom design and implementation technology. Additionally, the company will use Cadence multi-mode simulation technology for RF, FastSpice, and mixed-signal simulations.

George Apostol, senior vice president and chief technology officer at Exar, said: "We have a longstanding relationship with Cadence as they have consistently provided the technology required for our project needs. Cadence tools, especially for mixed-signal designs, are ideal for our forthcoming data communications, storage, interface and power-management products."

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Tags: business   environment   president   products   semiconductors   technology  

Companies: Cadence Design Systems, Inc. (CDNS), Exar Corp. (EXAR)

 

Exar Selects Cadence as Mixed-Signal EDA Provider - Zibb.com

Cadence Design Systems, Inc. (NASDAQ: CDNS), the leader in global design innovation, announced today that Exar Corporation (NASDAQ: EXAR) has signed an expanded business agreement to establish Cadence(R) as its leading chip planning and mixed-signal design solutions provider. As a result of the new multi-year agreement, the Cadence Virtuoso(R) and Encounter(R) platforms, as well as the Cadence Chip Planning Solution, will make up Exar's key mixed-signal design environment for designs at 65 nanometers and below.

"We have a longstanding relationship with Cadence as they have consistently provided the technology required for our project needs," said George Apostol, senior vice president and CTO, Exar Corporation. "We also believe that they have the technology leadership and outstanding technical support that is vital to helping us deliver highly differentiated silicon solutions to our customers. Cadence tools, especially for mixed-signal designs, are ideal for our forthcoming data communications, storage, interface and power-management products."

With the new agreement, Exar has chosen the Cadence Virtuoso platform for its analog and custom design and implementation technology. Additionally, the company will use Cadence Multi-mode Simulation technology for RF, FastSpice, and mixed-signal simulations. Exar will use the Cadence Encounter Digital Implementation System for digital design prototyping and floorplanning. And lastly, Exar has adopted the Cadence Chip Planning Solution as the standard for its IC conceptualization, analysis, and planning activities across the organization.

"Companies like Exar succeed through their ability to create highly differentiated designs, and are justifiably selective when it comes to the partners with whom they entrust their design flows," said Steve Carlson, vice president of marketing at Cadence. "Cadence welcomes the opportunity for a long-term relationship with Exar, and we look forward to helping them further distinguish their products through technical innovation and rapid market introduction."

About Cadence

Cadence enables global electronic design innovation and plays an essential role in the creation of today's integrated circuits and electronics. Customers use Cadence software and hardware, methodologies, and services to design and verify advanced semiconductors, consumer electronics, networking and telecommunications equipment, and computer systems. The company is headquartered in San Jose, Calif., with sales offices, design centers, and research facilities around the world to serve the global electronics industry. More information about the company, its products, and services is available at www.cadence.com.

About Exar

Exar Corporation delivers highly differentiated silicon, software and subsystem solutions for industrial, datacom and storage applications. For nearly 40 years, Exar's comprehensive knowledge of end-user markets along with the underlying analog, mixed signal and digital technology has enabled innovative solutions that meet the needs of the evolving connected world. Exar's product portfolio includes power management and interface components, communications products, storage optimization solutions, network security and applied service processors. Exar has locations worldwide providing real-time customer support to drive rapid product development. For more information about Exar, visit: http://www.exar.com.

Cadence, the Cadence logo, Virtuoso and Encounter are registered trademarks of Cadence Design Systems, Inc. in the United States and other countries. All other trademarks are the property of their respective owners.

For more information, please contact:
Dan Holden
Cadence Design Systems, Inc.
408-944-7457
holden@cadence.com


SOURCE: Cadence Design Systems, Inc.

mailto:holden@cadence.com

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Tags: business   communications   computer   consumer   electronics   environment   hardware   industrial   market   marketing   nasdaq   networking   president   product development   products   research   sales   security   semiconductors   software   technology   telecommunications  

Companies: Cadence Design Systems, Inc. (CDNS), Exar Corp. (EXAR)

 

Exar Corporation Reports Fiscal 2010 Second Quarter Results - Zibb.com

Exar Corporation (Nasdaq: EXAR), today reported financial results for its fiscal 2010 second quarter ended September 27, 2009.

Net sales for the second quarter of fiscal 2010 were $31.6 million compared to net sales of $30.9 million for the prior quarter and $32.7 million for the second quarter of fiscal 2009.

The GAAP gross margin for the second quarter of fiscal 2010 was 44.6% compared to 41.6% for the prior quarter and 45.8% for the second quarter of fiscal 2009.

On a non-GAAP basis, the gross margin for the second quarter of fiscal 2010 was 51.5% compared to 52.1% for the prior quarter and 49.3% for the second quarter of fiscal 2009.

The GAAP net loss for the second quarter of fiscal 2010 was $8.2 million, or a net loss per share of $0.19, compared to a net loss of $12.9 million, or a net loss per share of $0.30, in the prior quarter, and a net loss of $2.2 million, or a net loss per share of $0.05, for the second quarter of fiscal 2009. These results include acquisition-related costs of $0.8 million in the second quarter of fiscal 2010 as compared to $4.5 million in the prior quarter.

On a non-GAAP basis, the net loss was $2.7 million, or a net loss per share of $0.06, for the second quarter of fiscal 2010, compared to a net loss of $3.1 million, or a net loss per share of $0.07, in the prior quarter, and net income of $1.9 million, or net earnings per share of $0.04, for the second quarter of fiscal 2009.

The Company ended the second quarter of fiscal 2010 with cash, cash equivalents and short-term marketable securities of $221.4 million.

"We saw sequential double-digit percentage revenue improvement in all product lines, except in our communications portfolio where we experienced a significant reduction due to two products. As a result, our quarter-to-quarter revenue growth was limited to less than five percent," said Pete Rodriguez, the Company's president and chief executive officer. "We have successfully integrated Hifn and Galazar and are on track to release new products and exceed cost synergy targets. During the quarter we introduced two devices at the Digital Power Forum and a new deduplication solution for enterprise storage applications. These products have had excellent customer response and we believe will start generating revenue in the current quarter."

Business Outlook

For the third quarter of fiscal 2010, the Company expects that net sales will be between $32.0 million and $34.0 million, non-GAAP gross margin will be between 51% and 53% and non-GAAP operating expenses will be between $19.5 million and $20.5 million.

The Company's statements about its future financial performance or operating plans are based on current information and expectations and the Company undertakes no duty to update such statements. These statements are forward-looking and actual results could differ materially due to various risks and uncertainties, some of which are described herein.

Results Conference Call

The Company invites investors, financial analysts, and the general public to listen to its conference call discussing the Company's financial results for the second quarter of fiscal 2010, today, Thursday, October 29, 2009 at 1:30 p.m. PDT. To access the conference call, please dial (800) 230-1085 by 1:20 p.m. PDT and use conference ID number 119167.

In addition, a live webcast will also be available. To access the webcast, please go to the Company's Investor Relations Homepage at: http://www.exar.com/news/investornews.aspx.

A taped replay of the conference call will be available starting at 3:00 p.m. PDT the day of the call until 11:59 p.m. PST on November 5, 2009. To access the replay, please dial (800) 475-6701 and use conference ID number 119167.

Product Line Highlights

Power Management

Exar Redefines Digital Power Market -- Introduces PowerXR Family High-Performance System Solutions

http://www.exar.com/Common/Content/News.aspx?id=5548

Hifn Technology Solutions

Exar Expands Product Portfolio for Enterprise Storage Applications

http://www.exar.com/Common/Content/News.aspx?id=5554

Safe Harbor Statement

The Company's statements about its future financial performance, changes in gross margins, net sales and operating expenses, resource allocation and its impact on future performance and product development initiatives, design win conversion, distribution and OEM trends, supply chain issues among others, are forward-looking statements that involve risks and uncertainties. These risks and uncertainties include global financial volatility, economic recession, and industry and market conditions, such as customer and distributor relationships; limited visibility associated with customer or distributor demand for the Company's products; the possible loss of, or decrease in orders from, an important customer; adjustments in interest rates and cash balances; vendor capacity, quality or throughput constraints; successful integration of acquired businesses; possible disruption in commercial activities as a consequence of terrorist activity, natural disasters, armed conflict or health issues; successful development, market acceptance and demand for the Company's products, including those for which the Company has achieved design wins; competitive factors, such as pricing or competing solutions; customer ordering patterns; accounting considerations related to impairment analyses or acquisition related issues; the level of inventories maintained at the Company's OEMs and distributors; and the Company's successful execution of internal performance plans, as well as the other risks detailed from time to time in the Company's SEC reports, including the Annual Report on Form 10-K for the year ended March 29, 2009 and the Quarterly Report on Form 10-Q for the period ended June 28, 2009.

Generally Accepted Accounting Principles

The Company reports its financial results in accordance with GAAP. Additionally, the Company supplements reported GAAP financials with non-GAAP measures which are included in related press releases and reports furnished to the SEC, copies of which are available at the Company's website: http://www.exar.com or the SEC's website at: http://www.sec.gov. For the periods presented, we are disclosing non-GAAP gross margin, non-GAAP research and development expenses, non-GAAP selling, general and administrative expenses, non-GAAP operating expenses, non-GAAP operating loss, non-GAAP net income (loss), and non-GAAP diluted earnings (loss) per share, which are adjusted to exclude from our GAAP results all stock-based compensation expense, amortization of acquired intangible assets, fair value adjustment of acquired inventories, acquisition-related costs, separation costs of executive officers, impairment charges on investments, and income tax effects. These non-GAAP measures are presented in part to enhance the understanding of the Company's historical financial performance and comparability between reporting periods. The Company believes the non-GAAP presentation, when shown in conjunction with the corresponding GAAP measures, provide relevant and useful information to analysts, investors, management and other interested parties following the semiconductor industry. For its internal purposes, the Company uses the foregoing non-GAAP measures to evaluate performance across reporting periods, determine certain employee benefits as well as plan for and forecast the Company's future periods. These non-GAAP measures are not in accordance with, or an alternative for measures prepared in accordance with GAAP, and may be different from non-GAAP measures used by other companies. In addition, these non-GAAP measures are not based on any comprehensive set of accounting rules or principles. The Company believes that non-GAAP measures have limitations in that they do not reflect all of the amounts associated with the Company's results of operations as determined in accordance with GAAP. These measures should only be used to evaluate the Company's results of operations in conjunction with the corresponding GAAP measures.

About Exar

Exar Corporation delivers highly differentiated silicon, software and subsystem solutions for industrial, consumer, and enterprise applications. For nearly 40 years, Exar's comprehensive knowledge of end-user markets along with the underlying analog/mixed signal and digital technologies has enabled innovative solutions that meet the needs of the evolving connected world. Exar's technology portfolio includes solutions for power management, serial interfaces, packet-based and TDM wireline communications, enterprise storage optimization, and data security. Exar has locations worldwide providing real-time customer support to drive rapid product development. For more information about Exar, visit: www.exar.com

                                 EXAR CORPORATION AND SUBSIDIARIES
                               CONDENSED CONSOLIDATED BALANCE SHEETS
                               (In thousands, except share amounts)
                                            (Unaudited)


                                                       SEPTEMBER 27, MARCH 29,
                                                           2009        2009
                                                           ----        ----
                             ASSETS

    Current assets:
     Cash and cash equivalents                            $32,034     $89,002
     Short-term marketable securities                     189,411     167,341
     Accounts receivable (net of allowances of
      $636 and $572)                                       12,975       7,452
     Accounts receivable, related party (net of
      allowances of $407 and $736)                          3,366       1,796
     Inventories                                           13,016      15,678
     Other current assets                                   4,264       3,274
     Deferred income taxes, net                               314          62
                                                              ---          --
     Total current assets                                 255,380     284,605

    Property, plant and equipment, net                     43,546      42,549
    Goodwill                                                2,621           -
    Intangible assets, net                                 25,694       7,359
    Other non-current assets                                3,023       1,876
                                                            -----       -----

     Total assets                                        $330,264    $336,389
                                                         ========    ========

              LIABILITIES AND STOCKHOLDERS' EQUITY

    Current liabilities:
     Accounts payable                                      $8,515      $5,391
     Accrued compensation and related benefits              6,300       4,773
     Deferred income and allowances on sales to
      distributors                                          3,197       3,208
     Deferred income and allowances on sales to
      distributors, related party                           7,676       7,040
     Other accrued expenses                                 9,592       7,014
                                                            -----       -----
                  Total current liabilities                35,280      27,426

    Long-term lease financing obligations                  15,160      15,633
    Other non-current obligations                           1,646       1,236
                                                            -----       -----

     Total liabilities                                     52,086      44,295
                                                           ------      ------

    Total stockholders' equity
      Preferred stock, $.0001 par value;
       2,250,000 shares authorized; no shares
       outstanding                                              -           -
     Common stock, $.0001 par value;
      100,000,000 shares authorized; 43,582,508
      and
         43,036,271 shares issued and outstanding
          at September 27, 2009
           and March 29, 2009, respectively (net of
            treasury shares)                                    4           4
     Additional paid-in capital                           716,997     710,787
     Accumulated other comprehensive income                 1,714         802
       Treasury stock at cost, 19,924,369 shares
        at September 27, 2009
          and March 29, 2009, respectively               (248,983)   (248,983)
     Accumulated deficit                                 (191,554)   (170,516)
                                                         --------    --------
     Total stockholders' equity                           278,178     292,094
                                                          -------     -------
     Total liabilities and stockholders' equity          $330,264    $336,389
                                                         ========    ========


                     EXAR CORPORATION AND SUBSIDIARIES
             CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                 (In thousands, except per share amounts)
                                (Unaudited)

                                  THREE MONTHS ENDED      SIX MONTHS ENDED
                                  ------------------      ----------------
                             SEPTEMBER  JUNE   SEPTEMBER SEPTEMBER  SEPTEMBER
                                27,       28,      28,      27,         28,
                               2009      2009     2008      2009       2008
                               ----      ----     ----      ----       ----

    Net sales                 $23,118   $23,110  $21,581   $46,228   $41,752
    Net sales,
     related
     party                      8,470     7,752   11,167    16,222    23,207
                                -----     -----   ------    ------    ------
         Total net
          sales                31,588    30,862   32,748    62,450    64,959
                               ------    ------   ------    ------    ------

    Cost of
     sales:
      Cost of
       sales                   11,843    12,889   11,579    24,732    22,518
      Cost of
       sales,
       related
       party                    4,088     3,788    5,208     7,876    11,055
      Amortization
       of
       purchased
      intangible
       assets                   1,567     1,340      956     2,907     1,911
                                -----     -----      ---     -----     -----
         Total cost
          of sales             17,498    18,017   17,743    35,515    35,484
                               ------    ------   ------    ------    ------

    Gross
     profit                    14,090    12,845   15,005    26,935    29,475
                               ------    ------   ------    ------    ------

    Operating
     expenses:
      Research
       and
      development              12,288    12,294    8,133    24,582    16,225
      Selling,
       general
       and
      administrative           11,375    15,112    9,746    26,487    21,047
                               ------    ------    -----    ------    ------
         Total
          operating
          expenses             23,663    27,406   17,879    51,069    37,272
    Loss from
    operations                 (9,573)  (14,561)  (2,874)  (24,134)   (7,797)

    Other
     income,
     net:
       Interest
        income
        and
        other,
        net                     1,700     1,754    2,535     3,454     5,205
       Interest
        expense                  (326)     (324)    (330)     (650)     (661)
       Impairment
        charges on
       investments               (245)      (72)  (1,454)     (317)   (1,454)
                                 ----       ---   ------      ----    ------
         Total
          other income, net     1,129     1,358      751     2,487     3,090

    Loss
     before
     income
     taxes                     (8,444)  (13,203)  (2,123)  (21,647)   (4,707)
    Provision
     (benefit)
     for
     income
     taxes                       (281)     (328)      64      (609)      (59)
                                 ----      ----       --      ----       ---

    Net loss                  $(8,163) $(12,875) $(2,187) $(21,038)  $(4,648)
                              =======  ========  =======  ========  ========


    Loss per
     share:
      Basic loss
       per share               $(0.19)   $(0.30)  $(0.05)   $(0.48)   $(0.11)
                               ======    ======   ======    ======    ======

      Diluted
       loss per
       share                   $(0.19)   $(0.30)  $(0.05)   $(0.48)   $(0.11)
                               ======    ======   ======    ======    ======

    Shares
     used in
     the
    computation
     of loss
     per
     share:

      Basic                    43,550    43,314   42,735    43,432    42,854
                               ======    ======   ======    ======    ======

      Diluted                  43,550    43,314   42,735    43,432    42,854
                               ======    ======   ======    ======    ======



                        EXAR CORPORATION AND SUBSIDIARIES
             SUPPLEMENTAL RECONCILIATION OF GAAP TO NON-GAAP RESULTS
                     (In thousands, except per share amounts)
                                    (Unaudited)

                                    THREE MONTHS ENDED      SIX MONTHS ENDED
                                    ------------------      ----------------
                               SEPTEMBER  JUNE   SEPTEMBER SEPTEMBER SEPTEMBER
                                  27,       28,      28,       27,        28,
                                 2009      2009     2008      2009       2008
                                 ----      ----     ----      ----       ----


     GAAP gross margin             44.6%     41.6%    45.8%     43.1%    45.4%
       Stock-based
        compensation                0.5%      0.4%     0.5%      0.4%     0.6%
       Amortization of
        acquired intangible
        assets                      5.0%      4.3%     2.9%      4.4%     2.9%
       Fair value adjustment
        of acquired
        inventories                 1.4%      5.8%       -       3.6%       -
       Acquisition-related
        costs                       0.1%        -        -       0.2%     0.2%
                                    ---       ---      ---       ---      ---
    Non-GAAP gross margin          51.5%     52.1%    49.3%     51.7%    49.1%
                                   ====      ====     ====      ====     ====

    GAAP research and
     development expenses       $12,288   $12,294   $8,133   $24,582  $16,225
       Stock-based
        compensation                748       486      481     1,234      839
       Amortization of
        acquired intangible
        assets                      635       588      263     1,223      526
       Acquisition-related
        costs                       192       557        -       749        -
                                    ---       ---      ---       ---      ---
    Non-GAAP research and
     development expenses       $10,713   $10,663   $7,389   $21,376  $14,860
                                =======   =======   ======   =======  =======

    GAAP selling, general
     and administrative
     expenses                   $11,375   $15,112   $9,746   $26,487  $21,047
       Stock-based
        compensation                767       707      435     1,474    1,244
       Amortization of
        acquired intangible
        assets                      179       142      162       321      324
       Acquisition-related
        costs                       620     3,926        -     4,546      541
       Separation costs of
        executive officers            -       162        -       162        -
                                    ---       ---      ---       ---      ---
    Non-GAAP selling,
     general and
     administrative
     expenses                    $9,809   $10,175   $9,149   $19,984  $18,938
                                 ======   =======   ======   =======  =======

    GAAP operating
     expenses                   $23,663   $27,406  $17,879   $51,069  $37,272
       Stock-based
        compensation              1,515     1,193      916     2,708    2,083
       Amortization of
        acquired intangible
        assets                      814       730      425     1,544      850
       Acquisition-related
        costs                       812     4,483        -     5,295      541
       Separation costs of
        executive officers            -       162        -       162        -
                                    ---       ---      ---       ---      ---
       Non-GAAP operating
        expenses                $20,522   $20,838  $16,538   $41,360  $33,798
                                =======   =======  =======   =======  =======

    GAAP operating loss         $(9,573) $(14,561) $(2,874) $(24,134) $(7,797)
       Stock-based
        compensation              1,666     1,309    1,090     2,975    2,449
       Amortization of
        acquired intangible
        assets                    2,381     2,070    1,380     4,451    2,760
       Fair value adjustment
        of acquired
        inventories                 447     1,787        -     2,234        -
       Acquisition-related
        costs                       830     4,489        -     5,319      656
       Separation costs of
        executive officers            -       162        -       162        -
                                    ---       ---      ---       ---      ---
    Non-GAAP operating
     loss                       $(4,249)  $(4,744)   $(404)  $(8,993) $(1,932)
                                =======   =======    =====   =======  =======

    GAAP net loss               $(8,163) $(12,875) $(2,187) $(21,038) $(4,648)
       Stock-based
        compensation              1,666     1,309    1,090     2,975    2,449
       Amortization of
        acquired intangible
        assets                    2,381     2,070    1,380     4,451    2,760
       Fair value adjustment
        of acquired
        inventories                 447     1,787        -     2,234        -
       Acquisition-related
        costs                       830     4,489        -     5,319      656
       Separation costs of
        executive officers            -       162        -       162        -
       Impairment charges on
        investments                 245        72    1,454       317    1,454
       Income tax effects          (136)     (152)     142      (288)     (19)
                                   ----      ----      ---      ----      ---
    Non-GAAP net income
     (loss)                     $(2,730)  $(3,138)  $1,879   $(5,868)  $2,652
                                =======   =======   ======   =======   ======

    GAAP loss per share          $(0.19)   $(0.30)  $(0.05)   $(0.48)  $(0.11)
       Stock-based
        compensation               0.04      0.03     0.03      0.07     0.06
       Amortization of
        acquired intangible
        assets                     0.05      0.05     0.03      0.10     0.06
       Fair value adjustment
        of acquired
        inventories                0.01      0.04        -      0.05        -
       Acquisition-related
        costs                      0.02      0.10        -      0.12     0.02
       Separation costs of
        executive officers            -         -        -      0.00        -
       Impairment charges on
        investments                0.01         -     0.03      0.01     0.03
       Income tax effects         (0.00)        -     0.00     (0.01)       -
                                  -----       ---     ----     -----      ---
    Non-GAAP diluted
     earnings (loss) per
     share                       $(0.06)   $(0.07)   $0.04    $(0.14)   $0.06
                                 ======    ======    =====    ======    =====


    Shares used in loss
     per share --- GAAP          43,550    43,314   42,735    43,432   42,854
       The effect of dilutive
        potential common
        shares due to
          reporting Non-GAAP net
           income                     -         -      246         -      239
       The effect of removing
        stock-based
        compensation expense
          under SFAS 123R for
           Non-GAAP presentation
           purpose                    -         -     (130)        -      (99)
                                    ---       ---     ----       ---      ---
    Shares used in diluted
     earnings per share
     ---  Non-GAAP               43,550    43,314   42,851    43,432   42,994
                                 ======    ======   ======    ======   ======

    Notes: Certain amounts may not total due to rounding.
          Certain amounts previously reported above have been reclassified to
           conform to the current periods' presentation.


SOURCE Exar Corporation

http://www.exar.com

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Companies: Exar Corp. (EXAR)

 

Exar Q2 net loss widens - Zibb.com

American semiconductor company Exar Corporation has posted a net loss of $8.16 million, or $0.19 per diluted share, for the second quarter of fiscal 2010 ended September 27, 2009, compared to a net loss of $2.19 million, or $0.05 per diluted share, for the same quarter of fiscal 2009.

Total net sales for the second quarter of fiscal 2010 were $31.59 million compared to $32.75 million for the corresponding quarter of fiscal 2009.

The company has posted a net loss of $21.04 million, or $0.48 per diluted share, for the first six months ended September 27, 2009, compared to a net loss of $4.65 million, or $0.11 per diluted share for the same period of fiscal 2009.

Total net sales for the first half of fiscal 2010 were $62.45 million compared to $64.96 million in the same half of fiscal 2009.

Pete Rodriguez, the company's president and CEO, said: "We saw sequential double-digit percentage revenue improvement in all product lines, except in our communications portfolio where we experienced a significant reduction due to two products. As a result, our quarter-to-quarter revenue growth was limited to less than 5%."

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Home News Careers Careers at Exar College Connection Benefits Briefing Map to Exar Investor...

Home News Careers Careers at Exar College Connection Benefits Briefing Map to Exar Investor Relations Investor Relations Home Corporate Governance Latest Investor Presentation Letter to Shareholders Research Analysts SEC Filings Contact Us About Us Directions to Exar Contact Us PartnerNet

http://www.exar.com/

LED professional - Light Emitting Diodes (LEDs), Solid State Lighting (SSL) - Exar Offers LED

2008 - Exar Corporation (Nasdaq: EXAR) released a new LED driver with inductive boost capabilities giving system architects additional design options for backlighting applications.

http://www.led-professional.com/content/view/943/56/

Taiwanese fab closure hits Exar Q4 revenues

www.electronicsweekly.com

Taiwanese fab closure hits Exar Q4 revenues Tom Foremski Mixed-signal IC manufacturer, Exar, is smarting after the sudden closure of its Taiwan-based fab foundry supplier. Exar expects the closure to significantly affect its revenues for the fiscal fourth quarter ending March 31, 1999.

http://www.electronicsweekly.com/Articles/1998/11/25/9591/taiwanese-fab-closure-hits-exar-q4-revenues.htm

Exar Expands Distribution Agreement with Nu Horizons : Electronics News from ElectronicSpecifier

Exar designs, develops and markets power management and connectivity silicon solutions for a wide array of applications such as portable devices, home media gateways, communications systems, and industrial automation equipment.

http://www.electronicspecifier.com/Distribution/Exar-Expands-Distribution-Agreement-with-Nu-Horizons.asp

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Exar Corporation

www.exar.com

Makes analog and mixed-signal ICs for the video, imaging, and communications markets.

http://www.exar.com/

EXAR: Profile for Exar Corporation - Yahoo! Finance

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See the company profile for Exar Corporation (EXAR) including business summary, industry/sector information, number of employees, business summary, corporate governance, key ...

http://finance.yahoo.com/q/pr?s=EXAR

EXAR Corporation - EEM

www2.eem.com

EXAR Corporation 48720 Kato RdFremont, CA 94538USA ... High-performance system solutions redefine digital power market Two PowerXR system-level solutions, the XRP7704 and the ...

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Exar Corporation - Google Finance

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Get the latest on Exar Corporation including up to date news, high quality discussion groups and more on Google Finance.

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