Exar revises second-quarter 2011 guidance

Exar, a manufacturer of analogue and mixed-signal ICs, has announced a revision to its fiscal 2011 second-quarter guidance, forecasting revenue to be between $36m (£23m) and $36.5m and non-GAAP gross margin to be between 50 and 51 per cent. 

Second-quarter non-GAAP operating expenses are projected to be between $20m and $21m owing to cost-control measures.