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To: Johnny Canuck who wrote (41121)	4/24/2004 12:43:26 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69962

Profits Skyrocket 165% at Xilinx Online staff -- Electronic News, 4/23/2004 Sales of new products drove revenues way up at programmable logic company, Xilinx Inc. Advertisement The San Jose-based company reported Q4 revenues of $403.4 million, up 10 percent sequentially and 32 percent year-over-year. Net income rose to $130.9 million or 36 cents per diluted share, up 165 percent from the same quarter a year ago. The results included the benefit of a tax settlement and a charge related to an acquisition. Xilinx's rival Altera announced a 95 percent rise in net income earlier this week. "The March quarter was an excellent quarter," said Wim Roelandts, chairman and CEO in a statement. "For the second consecutive quarter, Xilinx revenues grew double digits sequentially with increased sales from all geographies and product families." New products sales increased 24 percent sequentially and represented 36 percent of total revenues, up from 23 percent a year ago. For the year, Xilinx brought in revenues of $1.40 billion, a 21 percent increase from the previous fiscal year. Net income for fiscal 2004 rose to $303.0 million or 85 cents per diluted share, up 141 percent from the previous year. Xilinx is projecting that revenues for its Q1, the June quarter, will increase by between 5 percent and 8 percent sequentially. [Harry: Given the double digit growth the last 2 q's, isn't the 5 to 8 percent sequential a disappointment.]