Xilinx (XLNX) Misses Q4 EPS by 2c, Revs Beat

Xilinx (NASDAQ: XLNX) reported Q4 EPS of $0.64, $0.02 worse than the analyst estimate of $0.66. Revenue for the quarter came in at $673 million versus the consensus estimate of $650.28 million.

"Fiscal 2018 was a record year for Xilinx with revenues of $2.5 billion as we realized 8% annual growth driven by broad-based strength across multiple markets, reflecting our concerted efforts to accelerate top line growth," said Victor Peng, President and Chief Executive Officer. "During the year, we continued to build significant momentum in our data center end market and further strengthened the ecosystem. With our three-pronged strategy of data center first, accelerating growth in core markets and driving adaptive compute, Xilinx is well positioned to achieve our long-term growth objectives while delivering shareholder value."

GUIDANCE:

Xilinx sees Q1 2019 revenue of $660-690 million, versus the consensus of $659.8 million.

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

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