Xilinx Inc. (XLNX) reported a profit for second quarter that dropped from the same period last year.
The company's bottom line totaled $193.82 million, or $0.79 per share. This compares with $226.99 million, or $0.89 per share, in last year's second quarter.
Excluding items, Xilinx Inc. reported adjusted earnings of $203.41 million or $0.82 per share for the period.
Analysts had expected the company to earn $0.74 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 8.0% to $766.54 million from $833.37 million last year.
Xilinx Inc. earnings at a glance:
-Earnings (Q2): $203.41 Mln. vs. $240.08 Mln. last year.-EPS (Q2): $0.82 vs. $0.94 last year.-Analysts Estimate: $0.74 -Revenue (Q2): $766.54 Mln vs. $833.37 Mln last year.
-Guidance:Next quarter revenue guidance: $750 - $800 Mln
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.