Xilinx, Inc. (XLNX) reported net income for the fourth quarter of $130.6 million or $0.47 per share, compared to $122.4 million or $0.44 per share for the year-ago quarter..
Net revenue for the fourth quarter fell 5% to $532.17 million from $558.97 million in the same quarter last year.
Analysts polled by Thomson Reuters expected the company to earn $0.45 per share on revenue of $529.69 million for the fourth quarter. Analysts' estimates typically exclude special items.
Looking forward, the company said it expects first quarter sales to be up 1% to 5% sequentially. Gross margin for the first quarter is expected to be about 66% - 67%.
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