Xilinx Inc (XLNX) SEC Filing 10-Q Quarterly report for the period ending Saturday, September 29, 2018

Earnings Press Release
10-Q Quarterly Report
10-Q QoQ Changes
Xilinx Inc
Ticker: XLNX CIK: 743988

Exhibit 99.1

Investor Relations Contact:

Suresh Bhaskaran

Xilinx, Inc.

(408) 879-4784

ir@xilinx.com

XILINX REPORTS RECORD QUARTERLY REVENUE AND EPS

RAISES FISCAL YEAR 2019 GUIDANCE

Broad based growth across majority of Xilinx end markets driving strong quarter and full-year outlook

SAN JOSE, Calif., October 24, 2018

-- Xilinx, Inc. (Nasdaq: XLNX) today announced record revenues of $746 million for the second quarter of fiscal year 2019, up 9% from the prior quarter and up 19% year over year. GAAP net income for September quarter was a record of $216 million, or $0.84 per diluted share. Non-GAAP net income for September quarter was a record of $221 million, or $0.87 per diluted share.

The Xilinx Board of Directors declared a quarterly cash dividend of $0.36 per outstanding share of common stock payable on December 4, 2018 to all stockholders of record at the close of business on November 13, 2018.

Additional second quarter of fiscal year 2019 comparisons are represented in the charts below. Due to the adoption of the new revenue recognition standard in the first quarter of fiscal year 2019, all fiscal 2018 results have been restated to conform to the new standard:

Q2 2019 Financial Highlights

(In millions, except EPS)



	GAAP
	Q2	Q1	Q2
	FY 2019	FY 2019	FY 2018	Q-T-Q	Y-T-Y
Net Revenues*	$746	$684	$627	9%	19%
Operating income	$233	$216	$192	8%	21%
Net income	$216	$190	$174	14%	24%
Diluted earnings per share	$0.84	$0.74	$0.67	14%	25%

	Non-GAAP
	Q2	Q1	Q2
	FY 2019	FY 2019	FY 2018	Q-T-Q	Y-T-Y
Net Revenues*	$746	$684	$627	9%	19%
Operating income	$236	$218	$193	8%	22%
Net income	$221	$192	$174	15%	27%
Diluted earnings per share	$0.87	$0.75	$0.67	16%	30%

*No adjustment between GAAP and Non-GAAP

The following information was filed by Xilinx Inc (XLNX) on Wednesday, October 24, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one quarter to another to evaluate Xilinx Inc's financial trajectory

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