Xilinx Earnings, Revenue beat In Q2

  • Investing.com
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Xilinx Earnings, Revenue beat In Q2
Credit: © Reuters.

Investing.com - Xilinx (NASDAQ: XLNX ) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Xilinx announced earnings per share of $0.82 on revenue of $767M. Analysts polled by Investing.com anticipated EPS of $0.72 on revenue of $756.01M.

Xilinx shares are up 13% from the beginning of the year and are trading at $111.30 , down-from-52-week-high.They are outperforming the S&P 500 which is up 6.34% from the start of the year.

Xilinx shares lost 0.04% in after-hours trade the report.

Xilinx follows other major Technology sector earnings this month

Xilinx's report follows an earnings matched by Taiwan Semiconductor on Wednesday, October 14, 2020, who reported EPS of $0.92 on revenue of $12.4B, compared to forecasts EPS of $0.92 on revenue of $12.4B.

Accenture had missed expectations on Thursday, September 24, 2020 with fourth quarter EPS of $1.7 on revenue of $10.84B, compared to forecast for EPS of $1.73 on revenue of $10.93B.

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

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