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Xilinx announced earnings per share of $0.78 on revenue of $756.2M. Analysts polled by Investing.com anticipated EPS of $0.65 on revenue of $751.68M. That with comparison to EPS of $0.95 on revenue of $828.36M in the same period a year before. Xilinx had reported EPS of $0.64 on revenue of $723M in the previous quarter. Analysts are expecting EPS of $0.69 and revenue of $738.25M in the upcoming quarter.
Xilinx shares are down 7% from the beginning of the year , still down 36.02% from its 52 week high of $141.60 set on April 24, 2019. They are outperforming the S&P 500 which is down 13.75% year to date.
Xilinx shares lost 2.10% in after-hours trade following the report.
Xilinx’s report follows an earnings matched by Taiwan Semiconductor on April 16, who reported EPS of $0.75 on revenue of $10.32B, compared to forecasts EPS of $0.75 on revenue of $10.32B.
SAP ADR had missed expectations on Tuesday with first quarter EPS of $0.92 on revenue of $7.08B, compared to forecast for EPS of $1.02 on revenue of $7.1B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
