Xilinx, Inc. said its normalized net income for the fiscal third quarter ended Dec. 31, 2016, was 38 cents per share, compared with the S&P Capital IQ consensus estimate of 49 cents per share.
EPS increased year over year from 36 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $101.6 million, an increase from $96.9 million in the third quarter ended Jan. 2, 2016.
The normalized profit margin rose to 17.3% from 17.1% in the year-earlier period.
Total revenue increased on an annual basis to $585.7 million from $566.2 million, and total operating expenses grew on an annual basis to $422.7 million from $406.1 million.
Reported net income rose 6.6% on an annual basis to $140.8 million, or 52 cents per share, from $132.1 million, or 49 cents per share.