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Last $5.76 USD
Change Today +0.06 / 1.05%
Volume 974.2K
As of 8:04 PM 10/2/15 All times are local (Market data is delayed by at least 15 minutes).

exar corp (EXAR) Snapshot

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52 Week High
05/22/15 - $11.14
52 Week Low
08/24/15 - $5.45
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Current Stock Chart for EXAR CORP (EXAR)

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exar corp (EXAR) Details

Exar Corporation, a fabless semiconductor company, designs, develops, and markets high performance analog mixed-signal integrated circuits and sub-system solutions for the industrial and embedded systems, high-end consumer, and infrastructure markets. The company offers connectivity products, such as bridging products for bus interfaces, which comprise universal serial bus, Ethernet, peripheral interconnect express, universal asynchronous receiver/transmitters, and serial transceiver devices. It also provides power management components; integrated semiconductors, board level products, and system solutions that enable original equipment manufacturers to develop high performance computing, storage, and networking equipment; and chip-and board-level solutions for various surveillance products. In addition, the company offers instrumentation, low noise, high speed, and hybrid amplifiers, as well as high speed analog-to-digital converters and digital-to-analog converters; flat panel displays; and low voltage AC step drivers that are used in LED lighting applications. Exar Corporation sells its products through a direct sales force, independent sales representatives, non-exclusive distributors, and catalog distributors in the United States, as well as through various regional and country specific distributors, and manufacturers’ representatives internationally. The company was founded in 1971 and is headquartered in Fremont, California.

327 Employees
Last Reported Date: 06/5/15
Founded in 1971

exar corp (EXAR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $600.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $375.0K
Vice President of Worldwide Operations
Total Annual Compensation: $231.2K
Senior Vice President of Sales - Greater Chin...
Total Annual Compensation: $172.9K
Senior Vice President of Sales
Total Annual Compensation: $240.0K
Compensation as of Fiscal Year 2015.

exar corp (EXAR) Key Developments

Exar Corporation Announces Release of VRC7008E Digital Video Recorder PCI Express Add-In Card

Exar Corporation announced the release of the VRC7008E Digital Video Recorder (DVR) PCI Express (PCIe) add-in card. Designed for professional video surveillance applications, the VRC7008E card features the Exar S7100 software configurable processor and performs H.264 encoding on eight channels of up to 960H NTSC/PAL video at full resolution and frame rate. With 960H video, surveillance professionals realize a 33% greater horizontal field-of-view (FOV) than that provided by typical CCTV video cameras. This increased FOV reduces the number of surveillance cameras required and increases resolution for a given coverage area. Extensive video preprocessing coupled with Exar's Intelligent Encoder gives the VRC7008E pristine video quality while maintaining high compression levels. This results in tremendous reduction in storage costs for surveillance installations using the VRC7008E card. The programmable accelerator of the S7100 at the core of the intelligent encoder delivers multi-stream encoding of baseline, main and high-profile H.264 Advanced Video CODEC (AVC). In addition, the S7100 video processor drives H.264 Scalable Video CODEC (SVC) compression, enabling flexible and efficient resizing and resampling of multi-stream surveillance video. Compressed video can be adapted to match the available network bandwidth and decode capabilities of the client. SVC streams also can be parsed to reduce their storage requirements over time to retain a valid video archive for longer periods than would otherwise be possible. This reduces both operating and storage costs. The VRC7008E is designed specifically for video surveillance equipment OEMs. The card is controlled via the Intelligent Encoder Software Development Kit (SDK) for either Linux or Windows. The VRC7008E is compatible with all Exar S7000-based PCIe cards. OEMs already familiar with the SDK can integrate the card into their software in a matter of hours. With clear SDK documentation and the support of Exar's application engineering group, new design teams also achieve rapid time-to-market. The low profile, short form factor card is readily embedded in compact industrial PCs and servers. A high bandwidth PCIe interface provides connectivity to the host. The card also supports eight channels of alarm I/O and an RS485 interface for remote camera control through an I/O header with an optional I/O card. The VRC7008E is available for software integration and qualification immediately. Summary of features: 960H video improves horizontal resolution by 33%, Encode and record 8-channel 960H video at full frame rate and resolution, S7100 video processor delivers H.264 High-Profile AVC or SVC encoding, easy integration with the Exar Intelligent Encoder SDK for Linux or Windows.

Exar Corp. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended June 28, 2015; Provides Earnings Guidance for the Second Quarter Ending September 27, 2015

Exar Corp. reported unaudited consolidated earnings results for the first quarter ended June 28, 2015. For the quarter, the company reported net sales of $29,045,000 against $21,698,000 a year ago. Total net sales were $40,422,000 against $30,719,000 a year ago. Loss from operations was $2,339,000 against $11,352,000 a year ago. Loss before income taxes was $2,405,000 against $11,548,000 a year ago. Net loss attributable to the company was $2,510,000 or $0.05 per basic and diluted share against $12,105,000 or $0.26 per basic and diluted share a year ago. Non-GAAP operating income was $5,269,000 against $692,000 a year ago. Non-GAAP net income attributable to the company was $5,078,000 or $0.10 per diluted share against $860,000 or $0.02 per diluted share a year ago. Net cash provided by operations was $1,562,000 against net cash used in operations of $8,137,000 a year ago. For the second quarter ending September 27, 2015, the company expects revenue to decline sequentially 5% to 9%, non-GAAP Gross Margin to be in the range of 48% to 50%, and non-GAAP EPS on a fully diluted basis to be in the range of $0.06 to $0.09.

Exar Corp., Annual General Meeting, Sep 17, 2015

Exar Corp., Annual General Meeting, Sep 17, 2015., at 14:00 Pacific Standard Time. Location: The Company's Corporate Headquarters. Agenda: To elect to the Board of Directors the seven director nominees named in the attached Proxy Statement to serve until the 2016 Annual Meeting of Stockholders or until their successors are duly elected and qualified or until their earlier death, resignation or removal; to ratify the appointment of BDO USA, LLP as the company's independent registered public accounting firm for the fiscal year ending March 27, 2016; to approve by stockholder advisory vote the compensation of its named executive officers; and to transact such other business as may properly come before the Annual Meeting or any adjournment(s) or postponement(s) thereof.


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