Xilinx (XLNX) Tops Q2 EPS by 5c, Offers Guidance
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Xilinx (NASDAQ: XLNX) reported Q2 EPS of $0.79, $0.05 better than the analyst estimate of $0.74. Revenue for the quarter came in at $767 million versus the consensus estimate of $755.13 million.
GUIDANCE:
Xilinx sees Q3 2021 revenue of $750-800 million, versus the consensus of $773 million.
GAAP |
| Adjustments |
| Non-GAAP | ||
Revenues | $750M - $800M |
| — |
| $750M - $800M | |
Gross Margin | 67.5% - 70.5% |
| ~1% (1) |
| 68.5% - 71.5% | |
Operating Expenses | $338M - $352M |
| ~$(5M) (2) |
| $333M - $347M | |
Other Expense | $12M - $16M |
| — |
| $12M - $16M | |
Tax Rate | 5% - 8% |
| ~1% (3) |
| 6% - 9% |
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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