Record revenues at Xilinx

Author: EIS Release Date: Jul 29, 2019


Xilinx had $850 million revenues for calendar Q2 up 3% from calendar Q1 and up 24% y-o-y for a net profit of  $241 million (GAAP) or $249 million (non-GAAP).

“I am pleased to report that we were able to achieve the mid-point of our revenue guidance for the first fiscal quarter, despite export control restrictions that impacted shipments to one of our customers in China,” said CEO Victor Peng (pictured, “revenues from our Zynq products grew 68% year over year and represented nearly a quarter of overall revenues, as we continued our transformation to a platform company.”

During the quarter Xilinx started shipping its 7nm Versal AI Core series and Versal Prime series devices to key customers, beginning its market assault on the datacentre processor and acceleration market.

Versal the name for Xilinx’s adaptive compute acceleration platform (ACAP), a  new category of heterogeneous compute devices with capabilities that exceed those of conventional CPUs, GPUs, and FPGAs.

The calendar Q3 forecast below does  takes into account the effect of the China trade ban in respect of one customer:

(1) Amortization of acquisition related intangibles
(2) M&A related