“Third quarter revenues exceeded the high end of our guidance, delivering both sequential and annual growth, demonstrating strengthening business conditions and solid execution,” said Victor Peng, Xilinx president and CEO. “Our Wired and Wireless Group performed better than expected as 5G deployments ramped more meaningfully in North America. We achieved a record quarter in Automotive, Broadcast and Consumer end markets, driven by the ongoing economic recovery, as demand for automobiles strengthened and live media events returned. In addition, as expected, our first 7nm Versal ACAP has gone into production with a leading wireless OEM. We are excited to see the Versal product portfolio begin to contribute to Xilinx’s long-term growth.”

“Our investments continue to deliver strong returns, with our Advanced Products growing 8% sequentially and representing 72% of total revenue,” said Brice Hill, Xilinx CFO. “We continue to drive our transformation to a platform company as demonstrated by our Zynq platform product revenue growing 24% sequentially, making up 27% of total revenue during the quarter. Our efficient financial model generated significant free cash flow of $354 million, or 44% of Q3 revenue.”

Net Revenues by Geography:
	Percentages							Growth Rates
	Q3		Q2		Q3
	FY2021		FY2021		FY2020			Q-T-Q		Y-T-Y
North America	30%		29%		28%			6%		16%
Asia Pacific	44%		48%		48%			-3%		4%
Europe	19%		18%		16%			12%		28%
Japan	7%		5%		8%			44%		2%
Net Revenues by End Market:
	Percentages							Growth Rates
	Q3		Q2		Q3
	FY2021		FY2021		FY2020			Q-T-Q		Y-T-Y
A&D, Industrial and TME	45%		44%		40%			7%		25%
Automotive, Broadcast and Consumer	19%		16%		19%			27%		14%
Wired and Wireless Group	29%		26%		31%			14%		2%
Data Center Group	7%		14%		9%			-45%		-15%
Channel	0%		0%		1%			NM		NM
Net Revenues by Product:
	Percentages							Growth Rates
	Q3		Q2		Q3
	FY2021		FY2021		FY2020			Q-T-Q		Y-T-Y
Advanced Products	72%		70%		70%			8%		15%
Core Products	28%		30%		30%			-3%		1%

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