Xilinx Reports Fiscal Third Quarter 2020 Results

SAN JOSE, Calif., Jan. 28, 2020 — (PRNewswire) —  Xilinx, Inc. (Nasdaq: XLNX), the leader in adaptive and intelligent computing, today announced revenues of $723 million for the third quarter of fiscal year 2020, down 13% from the prior quarter and down 10% year over year. GAAP net income for the December quarter was $162 million, or $0.64 per diluted share.  Non-GAAP net income for the December quarter was $171 million, or $0.68 per diluted share. 

The Xilinx Board of Directors declared a quarterly cash dividend of $0.37 per outstanding share of common stock payable on February 20, 2020 to all stockholders of record at the close of business on February 11, 2020.

Additional third quarter of fiscal year 2020 comparisons are provided in the charts below.

Q3 2020 Financial Highlights

(In millions, except EPS)     




GAAP











Q3

Q2

Q3






FY 2020

FY 2020

FY 2019


Q-T-Q

Y-T-Y

Net revenues*


$723

$833

$800


-13%

-10%

Operating income


$159

$204

$258


-22%

-38%

Net income


$162

$227

$239


-29%

-32%

Diluted earnings per share


$0.64

$0.89

$0.93


-28%

-31%











Non-GAAP











Q3

Q2

Q3






FY 2020

FY 2020

FY 2019


Q-T-Q

Y-T-Y

Net revenues*


$723

$833

$800


-13%

-10%

Operating income


$174

$217

$263


-20%

-34%

Net income


$171

$240

$237


-29%

-28%

Diluted earnings per share


$0.68

$0.94

$0.92


-28%

-26%



* No adjustment between GAAP and Non-GAAP


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