Xilinx Reports Third Quarter Fiscal Year 2021 Results

  • Revenues of $803 million exceeded the high end of guidance, representing 5% sequential and 11% year over year growth
  • Wired and Wireless Group (WWG) revenue increased 14% sequentially due to strength in the Wireless markets as 5G deployments ramped in multiple regions
  • Automotive, Broadcast & Consumer (ABC) revenue increased 27% sequentially, driven by record quarters in the Automotive and Broadcast end markets
  • Aerospace & Defense, Industrial and Test, Measurement & Emulation (AIT) revenue increased 7% sequentially, driven by strong performance in the Test, Measurement and Emulation market
  • Data Center Group (DCG) revenue declined 45% sequentially, in line with expectations, compared to a record second quarter which benefited from trade-related order acceleration
  • Free cash flow of $354 million, representing 44% of revenue
  • Returned $93 million to stockholders through dividends

 

SAN JOSE, Calif. — (BUSINESS WIRE) — January 27, 2021 — Xilinx, Inc. (Nasdaq: XLNX), the leader in adaptive computing, today announced revenues of $803 million for the third quarter of fiscal year 2021.

GAAP net income for the quarter was $171 million, or $0.69 per diluted share. Non-GAAP net income was $194 million, or $0.78 per diluted share.

Additional third quarter of fiscal year 2021 comparisons are provided in the charts below.

Q3 Fiscal 2021 Financial Highlights

(In millions, except EPS)

 

GAAP

 

 

 

 

 

 

 

 

Q3

Q2

Q3

 

 

 

 

FY2021

FY2021

FY2020

 

Q-T-Q

Y-T-Y

Net revenues*

$803

$767

$723

 

5%

11%

Gross margin

$547

$542

$483

 

1%

13%

Operating income

$172

$205

$159

 

-16%

8%

Net income

$171

$194

$162

 

-12%

6%

Diluted earnings per share

$0.69

$0.79

$0.64

 

-13%

8%

 

 

 

 

 

 

 

 

Non-GAAP

 

 

 

 

 

 

 

 

Q3

Q2

Q3

 

 

 

 

FY2021

FY2021

FY2020

 

Q-T-Q

Y-T-Y

Net revenues*

$803

$767

$723

 

5%

11%

Gross margin

$554

$548

$492

 

1%

13%

Operating income

$201

$216

$174

 

-7%

16%

Net income

$194

$203

$171

 

-5%

14%

Diluted earnings per share

$0.78

$0.82

$0.68

 

-5%

15%

 

 

* No adjustment between GAAP and Non-GAAP


1 | 2 | 3 | 4 | 5 | 6  Next Page »



Review Article Be the first to review this article
Aldec

 Advanced Asembly

Featured Video
Editorial
Roberto FrazzoliEDACafe Editorial
by Roberto Frazzoli
IBM’s 2nm chip; EDA updates; AI updates; acquisitions
More Editorial  
Latest Blog Posts
Bob Smith, Executive DirectorBridging the Frontier
by Bob Smith, Executive Director
Next Week’s Main Event: The ESD Alliance CEO Outlook
Anupam BakshiAgnisys Automation Review
by Anupam Bakshi
Automating the UVM Register Abstraction Layer (RAL)
Jobs
SoC Physical Design Engineer for Qualcomm at Austin, Texas
ASIC Engineer for Juniper Networks at Sunnyvale, California
Technical Product Manager- SISW-EDA 238452 for Siemens AG at Fremont, California
Staff SerDes Applications Design Engineer for Xilinx at San Jose, California
SerDes Applications Design Engineer for Xilinx at San Jose, California
ASIC SoC Verification Engineer for Ericsson at Austin, Texas
Upcoming Events
DVCon China 2021 at Shanghai China - May 26, 2021
CadenceLIVE Americas 2021 at United States - Jun 8 - 9, 2021
DesignCon 2021 at San Jose McEnery Convention Center San Jose, CA San Jose CA - Aug 16 - 18, 2021
SEMICON Southeast Asia 2021 Hybrid Event at Setia SPICE Convention Centre Penang Malaysia - Aug 23 - 27, 2021
True Circuits PHY



© 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 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 PolicyAdvertise