Categories Earnings, Technology

Xilinx (XLNX) Earnings: 1Q21 Key Numbers

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.

Click here to access the transcript for Xilinx Q1 2021 earnings conference call

Also Read:  Infographic: AMD Q3 results beat; to acquire Xilinx for $35 billion

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