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Xilinx (XLNX) Tops Q4 EPS by 9c, Q1 Guidance Misses Consensus

April 22, 2020 4:23 PM EDT

Xilinx (NASDAQ: XLNX) reported Q4 EPS of $0.78, $0.09 better than the analyst estimate of $0.69. Revenue for the quarter came in at $756 million versus the consensus estimate of $752.52 million.

GUIDANCE:

Xilinx sees Q1 2021 revenue of $660-720 million, versus the consensus of $738.8 million.

Non-GAAP

GAAP

Adjustments

Non-GAAP

Revenues

$660M - $720M

$660M - $720M

Gross Margin

67% - 69%

~ 1% (1)

68% - 70%

Operating Expenses

$312M - $316M

$5M (2)

$307M - $311M

Other Expense

~$13M

~$13M

Tax Rate

8%-10%

~ 1% (3)

9%-11%

Notes regarding Non-GAAP Adjustments:

(1)

Amortization of acquisition-related intangibles

(2)

M&A related expenses and amortization of acquisition-related intangibles

(3)

Income tax effect of Non-GAAP adjustments

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



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