Xilinx Earnings, Revenue Beat in Q3

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Xilinx announced earnings per share of $0.78 on revenue of $803.4M. Analysts polled by Investing.com anticipated EPS of $0.6856 on revenue of $775.73M.

Xilinx shares are down 5% from the beginning of the year, still down 13.59% from its 52 week high of $154.92 set on January 11. They are under-performing the Nasdaq 100 which is up 1.74% from the start of the year.

Xilinx shares lost 0.27% in after-hours trade following the report.

Xilinx’s report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.03 on revenue of $43.08B, compared to forecasts EPS of $1.64 on revenue of $40.23B.

Facebook had beat expectations on Wednesday with fourth quarter EPS of $3.88 on revenue of $28.07B, compared to forecast for EPS of $3.16 on revenue of $26.31B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar