Investing.com - Xilinx (NASDAQ:XLNX) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Xilinx announced earnings per share of $0.82 on revenue of $767M. Analysts polled by Investing.com anticipated EPS of $0.72 on revenue of $756.01M.
Xilinx shares are up 13% from the beginning of the year, still down 10.04% from its 52 week high of $123.78 set on October 9. They are outperforming the S&P 500 which is up 6.34% from the start of the year.
Xilinx shares lost 0.04% in after-hours trade following the report.
Xilinx follows other major Technology sector earnings this month
Xilinx's report follows an earnings matched by Taiwan Semiconductor on October 14, who reported EPS of $0.92 on revenue of $12.4B, compared to forecasts EPS of $0.92 on revenue of $12.4B.
Accenture had missed expectations on September 24 with fourth quarter EPS of $1.7 on revenue of $10.84B, compared to forecast for EPS of $1.73 on revenue of $10.93B.
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