Xilinx (XLNX) Tops Q4 EPS by 2c

Xilinx (NASDAQ: XLNX) reported Q4 EPS of $0.54, $0.02 better than the analyst estimate of $0.52. Revenue for the quarter came in at $591 million versus the consensus estimate of $566.24 million.

Business Outlook – June Quarter Fiscal 2017

• Sales are expected to be approximately flat sequentially.
• Gross margin is expected to be 69% to 70%.
• 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 $5 million.
• Fully diluted share count is expected to be approximately 266 million.
• June quarter tax rate is expected to be approximately 14%.

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

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