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Xilinx: Fiscal 4Q Earnings Snapshot

SAN JOSE, Calif. (AP) _ Xilinx Inc. (XLNX) on Wednesday reported fiscal fourth-quarter profit of $165.7 million.

On a per-share basis, the San Jose, California-based company said it had net income of 64 cents.

The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share.

The computer chipmaker posted revenue of $672.9 million in the period, which topped Street forecasts. Eight analysts surveyed by Zacks expected $649.5 million.

For the current quarter ending in July, Xilinx said it expects revenue in the range of $660 million to $690 million.

Xilinx shares have fallen nearly 6 percent since the beginning of the year, while the Standard & Poor's 500 index has decreased slightly more than 1 percent. In the final minutes of trading on Wednesday, shares hit $63.64, an increase of roughly 5 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XLNX at https://www.zacks.com/ap/XLNX