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Xilinx stock plunges after earnings beat
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The company reported fiscal fourth-quarter net income of $244.6 million, or 95 cents a share, compared with $145.5 million, or 56 cents a share, in the year-ago period. Adjusted for items such as acquisition-related costs and the effects due to changes to the U.S. tax code, earnings were 94 cents a share. Revenue rose to $828.4 million from $638.2 million in the year-ago period. Analysts surveyed by FactSet had estimated earnings of 94 cents a share on revenue of $826 million.
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https://www.marketwatch.com/story/xilinx...yptr=yahoo
![[Bild: XLNXc1dl0918.png]](https://finviz.com/publish/042519/XLNXc1dl0918.png)
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The company reported fiscal fourth-quarter net income of $244.6 million, or 95 cents a share, compared with $145.5 million, or 56 cents a share, in the year-ago period. Adjusted for items such as acquisition-related costs and the effects due to changes to the U.S. tax code, earnings were 94 cents a share. Revenue rose to $828.4 million from $638.2 million in the year-ago period. Analysts surveyed by FactSet had estimated earnings of 94 cents a share on revenue of $826 million.
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https://www.marketwatch.com/story/xilinx...yptr=yahoo
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