Investing.com - Xilinx reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Xilinx announced earnings per share of $1.06 on revenue of $935.8M. Analysts polled by Investing.com anticipated EPS of $0.8583 on revenue of $890.97M.
Xilinx shares are up 27% from the beginning of the year and are trading at $182.85 , down-from-52-week-high.They are outperforming the Nasdaq which is up 18.21% from the start of the year.
Xilinx shares gained 1.11% in after-hours trade the report.
Xilinx follows other major Technology sector earnings this month
Xilinx's report follows an earnings beat by Alphabet C on Tuesday, who reported EPS of $27.99 on revenue of $65.12B, compared to forecasts EPS of $23.84 on revenue of $63.47B.
Facebook had beat expectations on Monday with third quarter EPS of $3.22 on revenue of $29.01B, compared to forecast for EPS of $3.19 on revenue of $29.58B.
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