Xilinx, Inc. (NASDAQ:XLNX) reported 1Q21 earnings results today.
Net revenues fell 14% to $727 million year-over-year.
GAAP net income dropped 60% to $94 million, or $0.38 per share while adjusted net income declined more than 30% to $160 million, or $0.65 per share.
For the second quarter of 2021, the company expects revenues of $730-780 million.
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