Xilinx Inc. Earnings Retreat In Q3

(RTTNews) - Xilinx Inc. (XLNX) revealed a profit for third quarter that decreased compared to the same period last year.

The company said its earnings declined to $12 million, or $0.05 per share. This was lower than $142 million, or $0.52 per share, in last year's third quarter.

Analysts had expected the company to earn $0.63 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.7% to $631 million. This was up from $586 million last year.

Xilinx Inc. earnings at a glance:

-Earnings (Q3): $12 Mln. vs. $142 Mln. last year. -Earnings Decline (Y-o-Y): -91.5% -EPS (Q3): $0.05 vs. $0.52 last year. -EPS Decline (Y-o-Y): -90.4% -Analysts Estimate: $0.63 -Revenue (Q3): $631 Mln vs. $586 Mln last year. -Revenue Change (Y-o-Y): 7.7%

-Guidance: Next quarter revenue guidance: $635 - $665 Mln