Xilinx Earnings, Revenue Beat in Q3 -Breaking
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© Reuters. Xilinx Revenue Beats in Q3Investing.com – Xilinx reported Wednesday that the third quarter beat analyst forecasts with revenue exceeding expectations.
Xilinx reported earnings per share at $1.29 on $1.01B in revenue. Investing.com polled analyst to predict EPS of $0.9766 based on revenues of $956.53M.
Xilinx shares have fallen 17% since the start of the year. However, they are still below 26.86% of its 52-week high of $239.79 on November 30, 2021. The Nasdaq is also down by 13.44% since the beginning of the year.
After-hours trade saw Xilinx shares lose 0.79% after the report.
Xilinx is following other important earnings in the Information Technology sector this month
Xilinx reports on Microsoft’s earnings beat on Tuesday. Microsoft reported EPS at $2.48 per share on revenue $51.73B. Forecasts EPS were for revenue $50.65B.
Taiwan Semiconductor exceeded expectations by beating forecasts on January 13. Fourth quarter EPS was $1.16, on revenue $15.85B. This compares to the $1.12 expected on revenue $15.69B.
Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar
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