Xilinx Earnings, Revenue Beat in Q3

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Xilinx announced earnings per share of $1.29 on revenue of $1.01B. Analysts polled by Investing.com anticipated EPS of $0.9766 on revenue of $956.53M.

Xilinx shares are down 17% from the beginning of the year, still down 26.86% from its 52 week high of $239.79 set on November 30, 2021. They are under-performing the Nasdaq which is down 13.44% from the start of the year.

Xilinx shares lost 0.79% in after-hours trade following the report.

Xilinx’s report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.48 on revenue of $51.73B, compared to forecasts EPS of $2.31 on revenue of $50.65B.

Taiwan Semiconductor had beat expectations on January 13 with fourth quarter EPS of $1.16 on revenue of $15.85B, compared to forecast for EPS of $1.12 on revenue of $15.69B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar