Xilinx Inc. Reveals 29% Advance In Q2 Earnings




19.10.16 22:53
dpa-AFX


SAN JOSE (dpa-AFX) - Xilinx Inc. (XLNX) reported a profit for its second quarter that advanced compared to the same period last year.


The company said its bottom line advanced to $164.19 million, or $0.61 per share. This was higher than $127.30 million, or $0.48 per share, in last year's second quarter.


Analysts had expected the company to earn $0.55 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.


The company said revenue for the quarter rose 9.8% to $579.21 million. This was up from $527.57 million last year.


Xilinx Inc. earnings at a glance:


-Earnings (Q2): $164.19 Mln. vs. $127.30 Mln. last year. -Earnings Growth (Y-o-Y): 29.0% -EPS (Q2): $0.61 vs. $0.48 last year. -EPS Growth (Y-o-Y): 27.1% -Analysts Estimate: $0.55 -Revenue (Q2): $579.21 Mln vs. $527.57 Mln last year. -Revenue Change (Y-o-Y): 9.8%


Copyright RTT News/dpa-AFX



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