Xilinx (XLNX) Tops Q1 EPS by 3c

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Xilinx Sales Grow For 7th Consecutive Quarter; Advanced Product Sales Up 33% Year-Over-Year

July 26, 2017 4:20 PM EDT

SAN JOSE, Calif., July 26, 2017 /PRNewswire/ -- Xilinx, Inc. (Nasdaq: XLNX) today announced sales of $615 million for the first quarter fiscal 2018, up 1% from the prior quarter and up 7% from the first quarter of the prior fiscal year. This marks the seventh consecutive quarter of sales increase for the Company.  June quarter net income was $167 million, or $0.63 per diluted share.

The Xilinx Board of Directors declared a quarterly cash dividend of $0.35 per outstanding share of common stock payable on August 30, 2017 to all... More