Xilinx’s First Quarter Fiscal 2008 Results

Xilinx, Inc. (Nasdaq: XLNX) announced net revenues of $445.9 million in the first quarter of fiscal 2008, up 1% sequentially from the prior quarter and down 7% compared to the same quarter a year ago. First quarter net income was $84.3 million, or $0.28 per diluted share.

Xilinx shares fell Thursday after the chipmaker missed Wall Street’s targets and warned that revenue for the current quarter might also be short of expectations.

More info:
» Xilinx Announces First Quarter Fiscal 2008 Results; Operating Income Increases 23% Sequentially
» Xilinx Inc. Is Pulling Back After Q1 Miss
» Traders Flee Xilinx on Soft Forecast