4-24-19 Xilinx misses by $0.02, reports big high 141 low 121 downside
Xilinx misses by $0.02, reports revs in-line; guides Q1 revs above consensus; increases dividend, announces the acquisition of Solarflare (139.72 +2.57)
• Reports Q4 (Mar) earnings of $0.94 per share, excluding non-recurring items, $0.02 worse than the S&P Capital IQ Consensus of $0.96; revenues rose 29.8% year/year to $828.36 mln vs the $826.51 mln S&P Capital IQ Consensus.
• The Xilinx Board of Directors declared a quarterly cash dividend of $0.37 per outstanding share of common stock payable on June 3, 2019, to all stockholders of record at the close of business on May 16, 2019. The prior dividend was $0.36/share
• The co also announced today that it has entered into a definitive agreement to acquire Solarflare Communications, Inc., an Irvine, Calif.-based privately-held company. Solarflare is a leading provider of high-performance, low latency networking solutions for customers spanning FinTech to cloud computing. Terms of the deal were not disclosed.
• Co issues upside guidance for Q1 sees Q1 revs of $835-865 mln vs. $834.75 mln S&P Capital IQ Consensus; sees Gross Margins of ~66%
Call us today 702-685-0772 watch our site at www.FreeOptionTrader.com JOIN our free events we give by sending us an email then we will reply what day we give out Free Option Trading seminars
ChartingPlatform.com Options Trading Education 1,398 videos FreeOptionTrader.com Live Market videos with Live options trading Room
35 years We are the biggest on YouTube with 10 years of live market options entry and exits with our worldwide Option Trading in several countries around the globe