Xilinx Revenues Increase 16% Sequentially

Xilinx reported revenues of $365.6 million and a net income of $69.4 million, or $0.19 per diluted share, including a $3.4 million building impairment charge. This compares to revenues of $315.5 million and a net income of $56.4 million or $0.16 per share in the previous quarter.


"During the December quarter, Xilinx continued to benefit from solid customer adoption of new products as well as improving economic conditions, particularly in the communications sector," said Wim Roelandts, Chairman and Chief Executive Officer.


The company said sales into the communications sector, which had been essentially flat in the prior three quarters, increased 20% sequentially due to strength in both telecom and networking applications. http://www.xilinx.com