Xilinx Announces Q2 Fiscal 2016 Results; Strong Profitability And New Product Growth

SAN JOSE, Calif., Oct. 14, 2015 — (PRNewswire) —  Xilinx, Inc. (Nasdaq: XLNX) today announced second quarter fiscal 2016 sales of $528 million, down 4% from the prior quarter and down 13% from the same quarter of the prior fiscal year. Second quarter fiscal 2016 gross margin was 70% and net income was $127 million, or $0.48 per diluted share.

Logo - http://photos.prnewswire.com/prnh/20020822/XLNXLOGO 

The Xilinx Board of Directors announced a quarterly cash dividend of $0.31 per outstanding share of common stock, payable on November 24, 2015 to all stockholders of record at the close of business on November 5, 2015.

Additional second quarter comparisons are represented in the charts below:

GAAP Results

(In millions, except EPS)






Growth Rates


Q2
FY 2016

Q1
FY 2016

Q2
FY 2015


Q-T-Q

Y-T-Y

Net revenues

$528

$549

$604


-4%

-13%

Operating income

$153

$178

$200


-14%

-23%

Net income

$127

$148

$172


-14%

-26%

Diluted earnings per share

$0.48

$0.55

$0.62


-13%

-23%

"The quarter was characterized by solid profitability and strong new product growth. Sales performed as expected with increases from wired and wireless communications offsetting expected declines from defense," said Moshe Gavrielov, Xilinx President and Chief Executive Officer.  "From a product perspective, we experienced a recovery in our 7 series products driven by exceptional strength from our Zynq®-7000 family and better-than-expected sales from our 20-nm UltraScale™ family.  In addition, I am pleased with our continued technology leadership which has allowed us to ship our 16-nm UltraScale+™ family sooner than anticipated."                                                      

Net Revenues by Geography:


Percentages  


Growth Rates


Q2

FY 2016

Q1

FY 2016

Q2

FY 2015


Q-T-Q

Y-T-Y

North America

30%

34%

32%


-17%

-19%

Asia Pacific

40%

36%

37%


6%

-7%

Europe

20%

19%

21%


1%

-17%

Japan

10%

11%

10%


-5%

-6%


1 | 2  Next Page »
Featured Video
Editorial
Jobs
Equipment Engineer, Raxium for Google at Fremont, California
Mechanical Engineer 3 for Lam Research at Fremont, California
Mechanical Engineer 2 for Lam Research at Fremont, California
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Upcoming Events
Celebrate Manufacturing Excellence at Anaheim Convention Center Anaheim CA - Feb 4 - 6, 2025
3DEXPERIENCE World 2025 at George R. Brown Convention Center Houston TX - Feb 23 - 26, 2025
TIMTOS 2025 at Nangang Exhibition Center Hall 1 & 2 (TaiNEX 1 & 2) TWTC Hall Taipei Taiwan - Mar 3 - 8, 2025
Additive Manufacturing Forum 2025 at Estrel Convention Cente Berlin Germany - Mar 17 - 18, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise