logo
Share SHARE
FONT-SIZE Plus   Neg

Xilinx Q4 Profit Down - Quick Facts

Xilinx Inc. (XLNX) reported that its fourth quarter net income declined to $134.1 million, or $0.49 per share, from $160.1 million or $0.59 per share in the same quarter last year.

Net revenue was $558.97 million, down from $587.85 million in the year ago quarter.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.41 per share on revenues of $531.59 million for the quarter. Analysts' estimates typically exclude special items.

For the first-quarter, Sales are expected to be up 1% to up 5% sequentially. Gross margin is expected to be approximately 65% - 66%. Analysts expect the company to report revenues of $552.64 million for the first-quarter.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
United Parcel Service, Inc. has started to test the use of drones to make commercial deliveries of packages to remote or difficult-to-access locations. On Thursday, the package delivery giant and drone-maker CyPhy Works staged a mock delivery of urgently needed medicine from Beverly, Massachusetts to Children's Island, which is about three miles off the Atlantic coast. Luxury electric car maker Tesla Motors Inc. (TSLA), Thursday filed a lawsuit against state officials over its right to sell vehicles directly to consumers in Michigan. The lawsuit has been filed against Governor Rick Snyder, Secretary of State Ruth Johnson and Attorney General Bill Schuette as defendants. Tesla... e.l.f. Beauty (ELF), a maker of cosmetic products, priced its initial public offering above its target range and raised about $141 million. The Oakland-based company opened sharply up on Thursday's trading on the New York Stock Exchange. The company said it sold about 8.3 million shares at $17 in...
comments powered by Disqus
Follow RTT