© Reuters. Xilinx Earnings, Revenue beat in Q1
Investing.com – Xilinx reported on Wednesday first quarter that beat analysts’ forecasts and revenue that topped expectations.
Xilinx announced earnings per share of $0.95 on revenue of $879M. Analysts polled by Investing.com anticipated EPS of $0.7793 on revenue of $859.29M.
Xilinx shares are down 2% from the beginning of the year and are trading at $138.30 , down-from-52-week-high.They are under-performing the Nasdaq which is up 14.54% from the start of the year.
Xilinx shares lost 0.17% in after-hours trade the report.
Xilinx follows other major Information Technology sector earnings this month
Xilinx’s report follows an earnings beat by Apple on Tuesday, who reported EPS of $1.3 on revenue of $81.43B, compared to forecasts EPS of $1.01 on revenue of $73.26B.
Microsoft had beat expectations on Tuesday with fourth quarter EPS of $2.17 on revenue of $46.15B, compared to forecast for EPS of $1.91 on revenue of $44.06B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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