Xilinx Inc. Reveals 29% Advance In Q2 Earnings

(RTTNews) - Xilinx Inc. (XLNX) reported a profit for its second quarter that advanced compared to the same period last year.

The company said its bottom line advanced to $164.19 million, or $0.61 per share. This was higher than $127.30 million, or $0.48 per share, in last year's second quarter.

Analysts had expected the company to earn $0.55 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 9.8% to $579.21 million. This was up from $527.57 million last year.

Xilinx Inc. earnings at a glance:

-Earnings (Q2): $164.19 Mln. vs. $127.30 Mln. last year. -Earnings Growth (Y-o-Y): 29.0% -EPS (Q2): $0.61 vs. $0.48 last year. -EPS Growth (Y-o-Y): 27.1% -Analysts Estimate: $0.55 -Revenue (Q2): $579.21 Mln vs. $527.57 Mln last year. -Revenue Change (Y-o-Y): 9.8%