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

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Xilinx Reports Fiscal Third Quarter 2020 Results

January 28, 2020 4:20 PM EST

SAN JOSE, Calif., Jan. 28, 2020 /PRNewswire/ -- Xilinx, Inc. (Nasdaq: XLNX), the leader in adaptive and intelligent computing, today announced revenues of $723 million for the third quarter of fiscal year 2020, down 13% from the prior quarter and down 10% year over year. GAAP net income for the December quarter was $162 million, or $0.64 per diluted share.  Non-GAAP net income for the December quarter was $171 million, or $0.68 per diluted share. 

The Xilinx Board of Directors declared a quarterly cash dividend of $0.37 per outstanding share of common stock payable on February 20, 2020 to all stockholders of record at... More