Wednesday, Xilinx Inc. (XLNX) reported second-quarter net income of $64.0 million or $0.23 per share, compared to net income of $81.1 million or $0.29 per share in the same quarter last year.
On average, 16 analysts polled by Thomson Reuters expected the company to earn $0.22 per share for the quarter. Analysts' estimates typically exclude special items.
Net revenues for the quarter was $415.0 million, down 14% from $483.5 million in the comparable quarter last year. Analysts expected the company to report revenue of $410.21 million for the quarter.
For the third quarter, the company expects sales to be up approximately 6% - 10% sequentially. Share count is expected to be approximately 278 million for the quarter.
The company also announced a $0.02 increase in the quarterly cash dividend to $0.16 per outstanding share, payable on November 24, 2009 to all stockholders of record at the close of business on November 4, 2009.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.