Xilinx Announces 2014 Fiscal Q3 Results; 28nm Sales Reach $100 Million

SAN JOSE, Calif., Jan. 21, 2014 — (PRNewswire) —  Xilinx, Inc. (Nasdaq: XLNX) today announced third quarter fiscal 2014 sales of $587 million, down 2% from the prior quarter and up 15% from the same quarter of the prior fiscal year.  Third quarter fiscal 2014 net income was $176 million or $0.61 per diluted share; including the reversal of a litigation reserve with a net impact of $19 million, or $0.06 per diluted share.

The Xilinx Board of Directors announced a quarterly cash dividend of $0.25 per outstanding share of common stock, payable on February 27, 2014 to all stockholders of record at the close of business on February 6, 2014.

Additional third quarter comparisons are represented in the charts below:

GAAP Results
(In millions, except EPS)





 Growth Rates


Q3

FY 2014

Q2

FY 2014

Q3

FY 2013


 

Q-T-Q

Y-T-Y

Net revenues

$586.8

$598.9

$509.8


-2%

15%

Operating income

$202.7

$163.8

$120.8


24%

68%

Net income

$175.9

$141.5

$103.6


24%

70%

Diluted earnings per share

$0.61

$0.49

$0.38


24%

61%

 

"Sales from Xilinx's 28nm products were $100 million in the December quarter, driven by particularly strong and broad-based Kintex™-7 sales.  Sales from the Zynq™-7000 product family were also strong during the quarter, more than doubling sequentially, as key designs in wireless communication, industrial and aerospace and defense applications commenced production," said Moshe Gavrielov, Xilinx President and Chief Executive Officer.   "The phenomenal success of our 28nm product families has driven Xilinx PLD share gains for the second consecutive calendar year." 

Net Revenues by Geography:








Percentages


Growth Rates


Q3

FY 2014

Q2

FY 2014

Q3

FY 2013


 

Q-T-Q

 

Y-T-Y

North America

29%

31%

32%


-9%

5%

Asia Pacific

40%

38%

34%


3%

36%

Europe

22%

22%

24%


-5%

4%

Japan

9%

9%

10%


6%

5%








Net Revenues by End Market:








Percentages


Growth Rates


Q3

FY 2014

Q2

FY 2014

Q3

FY 2013


 

Q-T-Q

 

Y-T-Y

Communications & Data Center

44%

43%

47%


0%

9%

Industrial, Aerospace & Defense

37%

38%

36%


-5%

18%

Broadcast, Consumer & Automotive

16%

16%

15%


-3%

22%

Other

3%

3%

2%


9%

40%








Net Revenues by Product:








Percentages


Growth Rates


Q3

FY 2014

Q2

FY 2014

Q3

FY 2013


 

Q-T-Q

 

Y-T-Y

New

38%

36%

25%


5%

79%

Mainstream

33%

34%

41%


-5%

-10%

Base

26%

27%

30%


-7%

0%

Support

3%

3%

4%


-5%

-7%


1 | 2 | 3 | 4 | 5  Next Page »



Review Article Be the first to review this article
Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Job Openings: Can EDA Predict the Future
More Editorial  
Jobs
Technical Support Engineer for EDA Careers at Freemont, CA
ASIC Design Engineer for Ambarella at Santa Clara, CA
Engr, Elec Des 2 for KLA-Tencor at Milpitas, CA
Timing Design Engineer(Job Number: 17001757) for Global Foundaries at Santa Clara, CA
Senior FPGA Designer for Fidus Electronic Product Development at Fremont, CA
Upcoming Events
CDNLive Silicon Valley 2017 at Santa Clara Convention Center Santa Clara CA - Apr 11 - 12, 2017
10th Anniversary of Cyber-Physical Systems Week at Pittsburgh, PA, USA PA - Apr 18 - 21, 2017
DVCon 2017 China, April 19, 2017, Parkyard Hotel Shanghai, China at Parkyard Hotel Shanghai Shanghai China - Apr 19, 2017
Zuken Innovation World 2017 at Hilton Head Marriott Resort & Spa Hilton Head Island NC - Apr 24 - 26, 2017
S2C: FPGA Base prototyping- Download white paper



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy