Xilinx Reports Fiscal Third Quarter 2020 Results

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Xilinx (XLNX) Tops Q3 EPS by 9c, Revenues Miss; Offers Q4 Revenue Guidance Below Consensus

January 28, 2020 4:23 PM EST

Xilinx (NASDAQ: XLNX) reported Q3 EPS of $0.68, $0.09 better than the analyst estimate of $0.59. Revenue for the quarter came in at $723 million versus the consensus estimate of $730.63 million.

"As expected, our fiscal third quarter was a challenging quarter and our revenue came in near the midpoint of our guidance. Given the revenue headwinds we experienced during the quarter, we took actions... More