Xilinx Inc (XLNX) Reports In-Line Q3 EPS

Xilinx Inc (NASDAQ: XLNX) reported Q3 EPS of $0.49, in-line with the analyst estimate of $0.49. Revenue for the quarter came in at $566.2 million versus the consensus estimate of $554.5 million.

Business Outlook – March Quarter Fiscal 2016

• Sales are expected to be approximately flat sequentially.
• Gross margin is expected to be 68-69%.
• Operating expenses are expected to be approximately $220 million including $1 million of amortization of acquisition-related intangibles.
• Other income and expenses are expected to be a net expense of approximately $6 million.
• Fully diluted share count is expected to be approximately 267 million.
• March quarter tax rate is expected to be approximately 13-14%.

For earnings history and earnings-related data on Xilinx Inc (XLNX) click here.

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