Categories AlphaGraphs, Earnings, LATEST, Technology
Xilinx (XLNX) Earnings: Q1 profit, revenue beat estimates
Tech firm Xilinx, Inc. (NASDAQ: XLNX) Wednesday reported a 21% increase in first-quarter 2022 revenues. As a result, earnings grew sharply year-over-year, beating experts’ estimates.
First-quarter net income, excluding special items, climbed to $0.95 per share from $0.65 per share in the comparable period of 2021. The latest number was also above the consensus forecast. Net income rose to $206 million or $0.83 per share from $94 million or $0.38 per share last year.
Read management/analysts’ comments on Xilinx’s Q1 report
The positive outcome was the result of a 21% growth in first-quarter revenues to $879 million. Market watchers had predicted a lower top-line number.
Shares of Xilinx gained modestly during Wednesday’s extended trading following the announcement, after closing the regular session higher.
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
