Xilinx, Inc. (XLNX) reported fourth-quarter net income of $134.6 million or $0.50 per share, compared to $156.0 million or $0.53 per share, prior year. The company noted that its fourth-quarter net income included a $24 million restructuring charge, or $0.08 per share.
On average, 22 analysts polled by Thomson Reuters expected the company to report profit per share of $0.50 for the quarter. Analysts' estimates typically exclude special items.
Revenue decreased to $566.90 million from $617.82 million last year. Analysts expected revenue of $569.53 million for the quarter.
The company expects its first-quarter sales to be flat to down 4% sequentially.
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