Xilinx (NASDAQ:XLNX) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Xilinx announced earnings per share of $0.95 on revenue of $879M. Analysts polled by Investing.com anticipated EPS of $0.7793 on revenue of $859.29M.
Xilinx shares are down 2% from the beginning of the year, still down 10.57% from its 52 week high of $154.92 set on January 11. They are under-performing the Nasdaq which is up 14.54% from the start of the year.
Xilinx shares rose 0.32% in after-hours trade following the report.
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