Xilinx, Inc. said its normalized net income for the fiscal first quarter ended June 28 came to 44 cents per share, compared with the S&P Capital IQ consensus estimate of 61 cents per share.
EPS rose 9.0% year over year from 41 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $125.2 million, an increase of 9.5% from $114.4 million in the prior-year period.
The normalized profit margin climbed to 20.4% from 19.8% in the year-earlier period.
Total revenue grew 5.8% on an annual basis to $612.6 million from $579.0 million, and total operating expenses grew 5.2% year over year to $406.1 million from $386.0 million.
Reported net income increased 11.2% on an annual basis to $174.6 million, or 62 cents per share, from $157.0 million, or 56 cents per share.
