Xilinx Reports Fiscal Second Quarter 2020 Results

Company now expects full year revenue growth of approximately 6%

SAN JOSE, Calif., Oct. 23, 2019 — (PRNewswire) —  Xilinx, Inc. (Nasdaq: XLNX), the leader in adaptive and intelligent computing, today announced revenues of $833 million for the second quarter of fiscal year 2020, down 2% from the prior quarter and up 12% year over year. GAAP net income for the September quarter was $227 million, or $0.89 per diluted share.  Non-GAAP net income for the September quarter was $240 million, or $0.94 per diluted share.

The Xilinx Board of Directors declared a quarterly cash dividend of $0.37 per outstanding share of common stock payable on December 3, 2019, to all stockholders of record at the close of business on November 12, 2019.  The Xilinx Board of Directors also approved a new authorization for the Company to repurchase up to $1.0 billion of its common stock.  The timing of share repurchases and exact number of common shares to be purchased will depend upon prevailing market conditions and other factors.

Additional second quarter of fiscal year 2020 comparisons are provided in the charts below.

Q2 2020 Financial Highlights
(In millions, except EPS)     



GAAP













Q2

Q1

Q2







FY 2020

FY 2020

FY 2019


Q-T-Q

Y-T-Y


Net revenues*


$833

$850

$746


-2%

12%


Operating income


$204

$251

$233


-19%

-13%


Net income


$227

$241

$216


-6%

5%


Diluted earnings per share


$0.89

$0.94

$0.84


-5%

6%













Non-GAAP













Q2

Q1

Q2







FY 2020

FY 2020

FY 2019


Q-T-Q

Y-T-Y


Net revenues*


$833

$850

$746


-2%

12%


Operating income


$217

$260

$236


-16%

-8%


Net income


$240

$249

$221


-4%

8%


Diluted earnings per share


$0.94

$0.97

$0.87


-3%

8%



* No adjustment between GAAP and Non-GAAP


1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »
Featured Video
Jobs
CAD Engineer for Nvidia at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Sr. Silicon Design Engineer for AMD at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
Upcoming Events
SEMICON Japan 2024 at Tokyo Big Sight Tokyo Japan - Dec 11 - 13, 2024
PDF Solutions AI Executive Conference at St. Regis Hotel San Francisco - Dec 12, 2024
DVCon U.S. 2025 at United States - Feb 24 - 27, 2025



© 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 TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise