Xilinx Announces 2014 Fiscal Q1 Results; Sales Increase 9% Sequentially

SAN JOSE, Calif., July 17, 2013 — (PRNewswire) — Xilinx, Inc. (Nasdaq: XLNX) today announced first quarter fiscal 2014 sales of $579 million, up 9% from the prior quarter and down 1% from the same quarter of the prior fiscal year.  First quarter fiscal 2014 net income was $157 million or $0.56 per diluted share.  

(Logo: http://photos.prnewswire.com/prnh/20020822/XLNXLOGO)

The Xilinx Board of Directors announced a quarterly cash dividend of $0.25 per outstanding share of common stock, payable on August 28, 2013 to all stockholders of record at the close of business on August 7, 2013.

Additional first quarter comparisons are represented in the charts below:                      

GAAP Results

(In millions, except EPS)


Growth Rates


Q1

FY 2014

Q4

FY 2013

Q1

FY 2013


 

Q-T-Q

 

Y-T-Y

Net revenues

$579.0

$532.2

$582.8


9%

-1%

Operating income

$192.9

$147.2

$164.6


31%

17%

Net income

$157.0

$130.6

$129.8


20%

21%

Diluted earnings per share

$0.56

$0.47

$0.47


19%

19%

 

"The June quarter was exceptional on many fronts.  Better than expected sales during the quarter were driven by broad-based end market strength, with particularly strong growth from wired communications and aerospace and defense applications. Gross margin was 69% in the quarter, up from 66% in prior quarter, and a new record for the Company.  Operating margin of 33% was up from 28% in the prior quarter and a direct result of improved gross margin and continued spending discipline," said Moshe Gavrielov, Xilinx President and Chief Executive Officer.  "Sales of our 28-nm products exceeded $50 million during the quarter, once again surpassing our expectations with strong growth from all five products.  With the first 20-nm product in the semiconductor industry recently taped out by the Company, I am confident that Xilinx will continue to drive market expansion opportunities and augment our PLD leadership." 

Net Revenues by Geography:






Percentages


Growth Rates


Q1

FY 2014

Q4

FY 2013

Q1

FY 2013


 

Q-T-Q

 

Y-T-Y

North America

31%

31%

30%


9%

6%

Asia Pacific

36%

34%

35%


15%

2%

Europe

24%

26%

26%


1%

-9%

Japan

9%

9%

9%


5%

-7%

 

Net Revenues by End Market:









Percentages


 Growth Rates


Q1

FY 2014

Q4

FY 2013

Q1

FY 2013


 

Q-T-Q

 

Y-T-Y

Communications & Data Center

44%

44%

45%


8%

-2%

Industrial, Aerospace & Defense

37%

37%

34%


10%

9%

Broadcast, Consumer & Automotive

16%

17%

16%


4%

-5%

Other

3%

2%

5%


27%

-40%

 

Net Revenues by Product:









Percentages


Growth Rates


Q1

FY 2014

Q4

FY 2013

Q1

FY 2013


 

Q-T-Q

 

Y-T-Y

New

30%

27%

17%


24%

75%

Mainstream

36%

41%

43%


-3%

-17%

Base

30%

28%

36%


14%

-17%

Support

4%

4%

4%


0%

-5%

 

Products are classified as follows:

New products: Virtex® 7, Kintex™ 7, Artix™-7, Zynq™-7000, Virtex 6, Spartan™ 6 products

1 | 2 | 3  Next Page »



Review Article Be the first to review this article
Featured Video
Latest Blog Posts
The Open Geospatial Consortium BlogThe OGC Blog
by The Open Geospatial Consortium Blog
Sponsorship Opportunities for the OGC Climate Change Services 2022 Pilot
Jobs
GIS Specialist for Schneider Geospatial at Indianapolis, Indiana
Assistant Professor in Applied GIS for University of San Diego at San Diego, California
Senior Highway Engineer for RS&H at Jacksonville, Florida
Director, Industrial Machinery Solutions- SISW PLM for Siemens AG at Livonia, Michigan
Product Design Engineer - Softgoods for Apple Inc at Cupertino, California
ASIC Architects and Hardware Engineers at D. E. Shaw Research for D. E. Shaw Research at New York, New York
Upcoming Events
GIS-Pro 2021: URISA's 59th Annual Conference at 701 Lee St #960 Des Plaines IL - Oct 3 - 6, 2021
Autodesk University 2021 | Free digital conference at United States - Oct 5 - 14, 2021
IEC 61850 Week 2021 at United Kingdom - Oct 18 - 22, 2021
Geospatial World Forum 2021 at Amsterdam Netherlands - Oct 20 - 22, 2021



© 2021 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise