ADVFN - Advanced Financial Network.
HOME» NASDAQ » X » XLNX Stock Price » XLNX Stock News

Xilinx Share News

 Xilinx (mm) Stock Price
XLNX Stock Price
 Xilinx (mm) Stock Chart
XLNX Stock Chart
 Xilinx (mm) Stock News
XLNX Stock News
 Xilinx (mm) Company Information
XLNX Company Information
 Xilinx (mm) Stock Trades
XLNX Stock Trades

Xilinx 1Q Net Down 2.7% On Lower Margins; Sales Rise

DOW JONES NEWSWIRES Xilinx Inc.'s (XLNX) fiscal first-quarter profit fell 2.7% as higher operating expenses cut into the programmable-chip maker's margins. Shares were off 2.2% at $32.46 after-hours Wednesday, though the company reported better-than-expected revenue. The stock had climbed 17% over the past year through the close. Xilinx--which makes chips used in cellphone base stations, network routers, DVD players and cable modems--has reported strong revenue growth over the past year on climbing sales to the communications end-market, its largest top-line contributor. For the quarter ended July 2, Xilinx reported a profit of $154.4 million, or 56 cents a share, down from $158.6 million, or 58 cents a share, a year earlier. Analysts polled by Thomson Reuters had expected 53 cents. Revenue rose 3.5% to $615.5 million. In April, Xilinx's upbeat forecast called for $587.9 million to $611.4 million. Gross margin narrowed to 63.7% from 65% amid higher costs. Sales of new products jumped 35% on strong demand for its models in its Virtex-6 and Spartan-6 families. Sales to the data processing end-market rose 28%. Japan was the company's strongest segment geographically, with revenue up 29%, while North America posted a 6% decline. Looking ahead to the second-quarter, the company projected second-quarter sales ranging from a 3% drop to a 1% increase from the first quarter, which is between $597 million to $621.6 million. Analysts most recently expected $602 million, according to a poll by Thomson Reuters. -By Drew FitzGerald, Dow Jones Newswires; 212-416-2909;

Stock News for Xilinx (XLNX)
04/27/201616:34:50Current Report Filing (8-k)
04/27/201616:20:00Xilinx Announces Fourth Quarter & Fiscal 2016 Results; Record...
04/19/201607:00:00Xilinx Extends SmartConnect Technology to Deliver 20 -- 30% Breakthrough...
04/18/201610:00:00NGCodec and Xilinx Demonstrate H.265/HEVC Video Encoder IP at...
04/14/201614:10:00China's Tsinghua Unigroup Retests U.S. Waters
04/06/201612:01:00Xilinx and IBM to Enable FPGA-Based Acceleration within SuperVessel...
03/16/201611:28:00Xilinx Debuts Multiple Industry-First Solutions for Ultra-High...
03/16/201607:00:00Xilinx All Programmable Optical Transport Network (OTN) IP Subsystems...
03/15/201607:00:00Xilinx Delivers the Industry's Most Flexible and Comprehensive...
03/10/201607:00:00Xilinx Demonstrates 56G PAM4 Transceiver Technology
03/01/201618:52:11Statement of Changes in Beneficial Ownership (4)
02/24/201609:07:08Current Report Filing (8-k)
02/24/201609:00:00Jon Olson to Retire as CFO of Xilinx
02/17/201607:00:00Xilinx and Its Expanded Ecosystem Showcase the Latest 16nm Zynq...
02/16/201607:00:00Xilinx Strengthens Embedded Vision and Industrial IoT Portfolio...
02/12/201617:32:12Statement of Ownership (sc 13g)
02/11/201610:31:05Amended Statement of Ownership (sc 13g/a)
02/10/201610:31:55Amended Statement of Ownership (sc 13g/a)
02/03/201607:00:00Xilinx Announces Data Center Ecosystem Investment Program to...
02/02/201607:00:00Xilinx Transceiver Breakthrough Brings Greater Cost Efficiency...

Xilinx and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations