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Technology Stocks : Xilinx (XLNX)

XLNX 194.92

0.0%

Feb 14 4:00 PM EST

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From: Gaffer	4/25/2012 4:42:00 PM
	of 3291

SAN FRANCISCO (MarketWatch) - Xilinx Inc. XLNX +2.37% on Wednesday reported fiscal fourth-quarter profit of $134 million, or 49 cents a share, compared with a profit of $160 million, or 59 cents a share, for the year-earlier period. Revenue was $559 million, down from $587.9 million. Analysts were expecting the chip company to report a profit of 40 cents a share, on revenue of $530.7 million, according to a consensus survey by FactSet Research. For the current quarter, the chipmaker said it expects sales to rise 1% to 5% sequentially, which translates to a range of roughly $564.6 million to $587 million. Analysts were expecting revenue of $555.5 million, according to data from FactSet Research. Shares of Xilinx were trading up 5% in after-hours trading. Gansett

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