Exar (Nasdaq: EXAR) reported earnings on April 30. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q4), Exar met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded. Non-GAAP earnings per share grew. GAAP earnings per share increased.

Margins expanded across the board.

Revenue details
Exar notched revenue of $31.2 million. The four analysts polled by S&P Capital IQ hoped for revenue of $31.6 million on the same basis. GAAP reported sales were 12% higher than the prior-year quarter's $27.8 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.10. The four earnings estimates compiled by S&P Capital IQ forecast $0.09 per share. Non-GAAP EPS were $0.10 for Q4 compared to -$0.10 per share for the prior-year quarter. GAAP EPS were $0.04 for Q4 against -$0.48 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 52.1%, much better than the prior-year quarter. Operating margin was 3.5%, much better than the prior-year quarter. Net margin was 5.4%, much better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $33.1 million. On the bottom line, the average EPS estimate is $0.10.

Next year's average estimate for revenue is $141.6 million. The average EPS estimate is $0.48.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 72 members out of 77 rating the stock outperform, and five members rating it underperform. Among 17 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 16 give Exar a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Exar is outperform, with an average price target of $11.48.

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