Xilinx Reports Record Revenues; Ninth Consecutive Quarter Of Revenue Growth

SAN JOSE, Calif., Jan. 24, 2018 — (PRNewswire) —  Xilinx, Inc. (Nasdaq: XLNX) today announced record sales of $631 million for the third quarter of fiscal year 2018, up approximately 2% from the prior quarter and up 8% from the third quarter of the prior fiscal year.  December quarter net income was $12 million, or $0.05 per diluted share. Due to the recent enactment of the Tax Cuts and Jobs Act, Xilinx incurred a tax expense of approximately $183 million in the December quarter.

Xilinx is the worldwide leader of programmable logic solutions. (PRNewsFoto/Xilinx)

The Xilinx Board of Directors declared a quarterly cash dividend of $0.35 per outstanding share of common stock payable on February 22, 2018 to all stockholders of record at the close of business on February 7, 2018.  

Additional December quarter comparisons are represented in the charts below:

GAAP Results

(In millions, except EPS)



Q3

FY 2018

Q2

FY 2018

Q3

FY 2017


Q-T-Q

Y-T-Y

Net revenues

$631

$620

$586


2%

8%

Operating income

$190

$185

$163


2%

16%

Net income

$12

$168

$142


-93%

-92%

Diluted earnings per share

$0.05

$0.65

$0.52


-92%

-90%

"We delivered our ninth consecutive quarter of revenue growth with December quarter revenues establishing a new record for Xilinx and we achieved our operating margin target of 30% one quarter ahead of schedule," said Moshe Gavrielov, Xilinx President and Chief Executive Officer. "Revenues from Advanced Products continued to be strong, increasing 30% from the same quarter a year ago and comprising 56% of company sales, supported by accelerated growth in our industry-leading 20nm and 16nm technology nodes. In addition, our 16nm portfolio continued to gain market momentum as we have cumulatively shipped 43 unique products to 1,160 customers."

Net Revenues by Geography:



Percentages 


Growth Rates


Q3

FY 2018

Q2

FY 2018

Q3

FY 2017


Q-T-Q

Y-T-Y

North America

31%

31%

30%


3%

12%

Asia Pacific

41%

40%

43%


3%

3%

Europe

20%

20%

19%


2%

11%

Japan

8%

9%

8%


-8%

10%


1 | 2 | 3 | 4 | 5 | 6  Next Page »
Featured Video
Jobs
GIS Specialist for Washington State Department of Natural Resources at Olympia, Washington
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Business Technology Analyst for Surface Water Management at Everett, Washington
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Mechanical Engineer 2 for Lam Research at Fremont, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Upcoming Events
Dimensions User Conference 2024 at The Venetian Resort Las Vegas NV - Nov 11 - 13, 2024
URISA GIS Leadership Academy at Embassy Suites Fort Worth Downtown 600 Commerce Street Fort Worth, TX - Nov 18 - 22, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise