Xilinx Inc (XLNX) Tops Q1 EPS by 1c; Offers Q2 Outlook

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Xilinx Announces Q1 Fiscal 2016 Results; 20nm Sales Exceed $10 Million

July 22, 2015 4:20 PM EDT

SAN JOSE, Calif., July 22, 2015 /PRNewswire/ -- Xilinx, Inc. (Nasdaq: XLNX) today announced first quarter fiscal 2016 sales of $549 million, down 3% from the prior quarter and down 10% from the same quarter of the prior fiscal year. First quarter fiscal 2016 gross margin was 71% and net income was $148 million, or $0.55 per diluted share.

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The Xilinx Board of Directors announced a quarterly cash dividend of $0.31 per outstanding share of common... More