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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (62987)	4/19/2002 1:06:51 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Xilinx has 20% hike in revenues EBN (04/18/02 16:45 p.m. EST) siliconstrategies.com Xilinx, Inc., San Jose, today announced net income for the fourth quarter of fiscal 2002 of $34.3 million, or 10 cents per diluted share. Revenues for the quarter were $273.5 million, up from $221.8 million for the prior quarter but down from the $407 million reported for the fiscal fourth quarter of last year. On a pro forma basis, net income was $43.4 million, or 12 cents per share, compared to $23.5 million, or 7 cents a share, for the prior quarter, and $65.7 million or 19 cents a share for the fourth quarter a year earlier. "During the March quarter, Xilinx revenues increased 20% sequentially, making it the second fastest quarterly growth in company history," the company said. "While someof the growth can be attributed to inventory replenishment, a significant portion is due to the success of our new products." For the current quarter, revenues are expected to be up 6-8% sequentially; gross margin is expected to be 57-58%, approximately flat with the March quarter; and combined operating expenses are expected to grow approximately 6% sequentially.