Xilinx, Inc. said its normalized net income for the fiscal third quarter ended Dec. 27, 2014, came to 42 cents per share, compared with the S&P Capital IQ consensus estimate of 61 cents per share.
EPS increased 9.5% year over year from 39 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $116.3 million, an increase from $111.7 million in the year-earlier period.
The normalized profit margin increased to 19.3% from 19.0% in the year-earlier period.
Total revenue rose on an annual basis to $593.5 million from $586.8 million, and total operating expenses totaled $403.5 million, compared with $403.3 million in the year-earlier period.
Reported net income fell year over year to $169.8 million, or 62 cents per share, from $175.8 million, or 61 cents per share.