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Xilinx Inc. Earnings Rise 10% In Q1

Xilinx Inc. (XLNX) revealed a profit for its first quarter that climbed compared to the same period last year.

The company said its bottom line totaled $163 million, or $0.61 per share. This was up from $148 million, or $0.55 per share, in last year's first quarter.

Analysts had expected the company to earn $0.56 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.7% to $575 million. This was up from $549 million last year.

Xilinx Inc. earnings at a glance:

-Earnings (Q1): $163 Mln. vs. $148 Mln. last year.
-Earnings Growth (Y-o-Y): 10.1%
-EPS (Q1): $0.61 vs. $0.55 last year.
-EPS Growth (Y-o-Y): 10.9%
-Analysts Estimate: $0.56
-Revenue (Q1): $575 Mln vs. $549 Mln last year.
-Revenue Change (Y-o-Y): 4.7%

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A busy week for economics saw the release of first quarter growth figures for the U.S. economy and the interest rate decision in Japan. Read our stories to find out why the GDP data damped market sentiment in the U.S. and what were the signals given out by the Bank of Japan. Other news this week included new home sales data and jobless claims figures from the U.S., and the latest purchasing managers' survey results for the Eurozone.

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