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Xilinx Earnings inline, Revenue Beats In Q4

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

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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