Xilinx (XLNX) Posts Q3 EPS of $0.05, Revs Beat Slightly

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Go back to Xilinx (XLNX) Posts Q3 EPS of $0.05, Revs Beat Slightly

Xilinx Reports Record Revenues; Ninth Consecutive Quarter Of Revenue Growth

January 24, 2018 4:20 PM EST

SAN JOSE, Calif., Jan. 24, 2018 /PRNewswire/ -- Xilinx, Inc. (Nasdaq: XLNX) today announced record sales of $631 million for the third quarter of fiscal year 2018, up approximately 2% from the prior quarter and up 8% from the third quarter of the prior fiscal year.  December quarter net income was $12 million, or $0.05 per diluted share. Due to the recent enactment of the Tax Cuts and Jobs Act, Xilinx incurred a tax expense of approximately $183 million in the December quarter.

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