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Xilinx (XLNX) Tops Q2 EPS by 5c, Offers Guidance

October 21, 2020 4:22 PM EDT

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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