Investing.com - Xilinx (NASDAQ:XLNX) reported fourth quarter earnings that matched analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $0.94 on revenue of $828M. Analysts polled by Investing.com expected EPS of $0.94 on revenue of $823.75M. That compared to EPS of $0.64 on revenue of $672.86M in the same period a year earlier. The company had reported EPS of $0.93 on revenue of $800.06M in the previous quarter.
Xilinx shares lost 10.54% to trade at $125.00 in after-hours trade following the report.
Xilinx follows other major Technology sector earnings this month
On Wednesday, Microsoft reported third quarter EPS of $1.14 on revenue of $30.57B, compared to forecasts of EPS of $1 on revenue of $29.89B.
Facebook earnings Beat analysts' expectations on Wednesday, with first quarter EPS of $1.89 on revenue of $15.08B. Investing.com analysts expected EPS of $1.61 on revenue of $14.97B
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