Categories AlphaGraphs, Earnings, Technology

Xilinx (XLNX) Earnings: 2Q22 Key Numbers

Xilinx, Inc. (NASDAQ: XLNX) reported total revenue of $936 million for the second quarter of 2022, which was up 22% year-over-year.

GAAP net income rose 21% YoY to $235 million while EPS rose 19% to $0.94. Adjusted EPS rose 29% to $1.06. Advanced Micro Devices, Inc. (NASDAQ: AMD) intends to acquire Xilinx in an all-stock transaction.

Due to the pending acquisition, Xilinx is not providing forward-looking guidance. The transaction is expected to close by calendar year end.

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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