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Xilinx Earnings, Revenue Beat in Q2

Xilinx Earnings, Revenue Beat in Q2

Investing.com - Xilinx (NASDAQ:XLNX) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.

The firm reported earnings per share of $0.94 on revenue of $833.4M. Analysts polled by Investing.com expected EPS of $0.9 on revenue of $824.84M. That compared to EPS of $0.84 on revenue of $746M in the same period a year earlier. The company had reported EPS of $0.94 on revenue of $850M in the previous quarter.

Xilinx shares lost 1.03% to trade at $92.86 in after-hours trade following the report.


Xilinx follows other major Technology sector earnings this month

On Wednesday, Microsoft reported first quarter EPS of $1.38 on revenue of $33.06B, compared to forecasts of EPS of $1.24 on revenue of $32.14B.

Taiwan Semiconductor earnings beat analysts' expectations on October 17, with third quarter EPS of $0.64 on revenue of $9.58B. Investing.com analysts expected EPS of $0.61 on revenue of $9.25B

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

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