Nasdaq:XLNX
NASDAQ
100
Xilinx,
Inc. designs, develops and markets complete programmable logic solutions,
including advanced integrated circuits, software design tools, predefined
system functions delivered as intellectual property cores, design services,
customer training, field engineering and technical support
Xilinx
Announces September Quarter Results; EPS $0.24
SAN
JOSE, Calif., Oct. 20 /PRNewswire-FirstCall/ -- Xilinx, Inc. (Nasdaq: XLNX)
today announced net revenues of $399 million in the second quarter of fiscal
2006, down 2% sequentially from the prior quarter and down 1% from the
same quarter a year ago. Net income was $86 million or $0.24 per diluted
share, up 11% from $77 million or $0.21 per diluted share in the prior
quarter. Net income for the second quarter of fiscal 2006 was down 1% from
the second quarter of fiscal 2005. A favorable tax court decision during
the quarter positively impacted the tax rate and increased earnings by
$0.03 per share.
Xilinx
also announced that the Company's Board of Directors declared a quarterly
cash dividend of $0.07 per outstanding share of common stock, payable on
December 1, 2005 to all stockholders of record at the close of business
on November 17, 2005.
Additional second quarter comparisons are represented in the chart below.
Quarterly Information
(In millions, except EPS)
Growth Rates
Q2 FY 2006 Q1 FY 2006 Q2 FY 2005 Q-T-Q
Y-T-Y
Net revenues
$398.9 $405.4
$403.3 -2%
-1%
Operating income $82.3
$90.5 $101.3
-9% -19%
Net income
$85.6 $76.8
$86.2 11% -1%
Net income per share $0.24
$0.21 $0.24
14% 0%
Xilinx
Updates Guidance for June Quarter FY06
SAN
JOSE, Calif., June 8 /PRNewswire-FirstCall/ -- Xilinx, Inc. (Nasdaq: XLNX)
today released its business update for the June quarter of fiscal 2006.
--
June quarter guidance is unchanged. Prior guidance called for sales growth
to be flat to up 4% sequentially.
--
Gross margin is expected to be approximately 61%, unchanged from the March
quarter's gross margin, due to the higher than anticipated ramp of 90nm
product revenues.
--
Combined inventory levels at Xilinx and worldwide distributors are expected
to trend down to approximately 130 days, consistent with prior guidance.
No
conference call will be held in conjunction with this guidance revision.
Additional commentary pertaining to the quarter will be available when
the company reports its first quarter financial results on July 21, 2005.
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