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Xilinx Earnings, Revenue Beat in Q2 -Breaking

by Mike Robinson

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© Reuters. Xilinx earnings beat Q2 revenue

Xilinx (NASDAQ) reported its second quarter results on Wednesday. They beat forecasts by analysts and generated revenue above expectations.

Xilinx reported earnings per share at $1.06 for revenue $935.8M. Investing.com polled analysts and predicted EPS at $0.8583 for revenue $890.97M.

Xilinx shares have increased 27% since the start of the year. However, they are still down 2.70% from their 52-week high of $185.87 on October 27, but that is only 27%. They outperform the Nasdaq with an 18.21% gain since the beginning.

Following the publication, Xilinx shares rose by 1.11% after hours trade.

Xilinx is following other notable earnings from the Technology sector this month

Xilinx reports on an Alphabet C earnings beat on Tuesday. They reported EPS at $27.99 for revenue $65.12B. This compares to the forecasts EPS at $23.84 for revenue $63.47B.

Facebook beat all expectations Monday, posting a third-quarter EPS of 3.22 on $29.01B in revenue. This compares to the forecast of EPS at $3.19 for $29.58B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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