Xilinx Inc. Reports Consolidated Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 29, 2012; Provides Earnings Guidance for the Fourth Quarter of Fiscal 2013
For the nine months, the company reported net revenues of $1,636,484,000 compared with $1,681,763,000 for the same period last year. Net income was $356,916,000 or $1.31 diluted per share diluted per share compared with $407,674,000 or $1.50 diluted per share diluted per share for the same period last year.
For the fourth quarter of fiscal 2013, the company expects mid point of the sales guidance on a turns rate of approximately 58%. The company expects gross margin to be approximately 66%. The tax rate to be between 13% and 14%.