- Revenues of $803 million exceeded the high end of guidance, representing 5% sequential and 11% year over year growth
- Wired and Wireless Group (WWG) revenue increased 14% sequentially due to strength in the Wireless markets as 5G deployments ramped in multiple regions
- Automotive, Broadcast & Consumer (ABC) revenue increased 27% sequentially, driven by record quarters in the Automotive and Broadcast end markets
- Aerospace & Defense, Industrial and Test, Measurement & Emulation (AIT) revenue increased 7% sequentially, driven by strong performance in the Test, Measurement and Emulation market
- Data Center Group (DCG) revenue declined 45% sequentially, in line with expectations, compared to a record second quarter which benefited from trade-related order acceleration
- Free cash flow of $354 million, representing 44% of revenue
- Returned $93 million to stockholders through dividends
SAN JOSE, Calif. — (BUSINESS WIRE) — January 27, 2021 — Xilinx, Inc. (Nasdaq: XLNX), the leader in adaptive computing, today announced revenues of $803 million for the third quarter of fiscal year 2021.
GAAP net income for the quarter was $171 million, or $0.69 per diluted share. Non-GAAP net income was $194 million, or $0.78 per diluted share.
Additional third quarter of fiscal year 2021 comparisons are provided in the charts below.
Q3 Fiscal 2021 Financial Highlights
(In millions, except EPS)
|
GAAP |
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Q3 |
Q2 |
Q3 |
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FY2021 |
FY2021 |
FY2020 |
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Q-T-Q |
Y-T-Y |
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Net revenues* |
$803 |
$767 |
$723 |
|
5% |
11% |
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Gross margin |
$547 |
$542 |
$483 |
|
1% |
13% |
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Operating income |
$172 |
$205 |
$159 |
|
-16% |
8% |
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Net income |
$171 |
$194 |
$162 |
|
-12% |
6% |
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Diluted earnings per share |
$0.69 |
$0.79 |
$0.64 |
|
-13% |
8% |
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Non-GAAP |
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Q3 |
Q2 |
Q3 |
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FY2021 |
FY2021 |
FY2020 |
|
Q-T-Q |
Y-T-Y |
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| Net revenues* |
$803 |
$767 |
$723 |
|
5% |
11% |
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| Gross margin |
$554 |
$548 |
$492 |
|
1% |
13% |
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| Operating income |
$201 |
$216 |
$174 |
|
-7% |
16% |
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| Net income |
$194 |
$203 |
$171 |
|
-5% |
14% |
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| Diluted earnings per share |
$0.78 |
$0.82 |
$0.68 |
|
-5% |
15% |
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| * No adjustment between GAAP and Non-GAAP |
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