Client News > Release
29-04-2010
Xilinx reports 2010 year-end and Q4 results
Xilinx, which employs over 200 at its EMEA headquarters in Dublin, has reported 2010 fiscal year-end revenues of $1.83 billion, essentially flat with sales from the prior fiscal year.
Fiscal 2010 net income decreased 1% to $357.5 million, or $1.29 per diluted share, versus fiscal 2009 net income of $361.7 million, or $1.31 per diluted share. Fiscal 2009 net income included a $75.0 million pre-tax gain, or $0.21 per diluted share, on the extinguishment of convertible debt.
In addition to its European headquarters, Xilinx operates a research, development, engineering and IT centre in Dublin.
Fourth quarter fiscal 2010 sales were $529.0 million, up 3% sequentially and up 34% from the fourth quarter of the prior fiscal year.
Fourth quarter fiscal 2010 net income was $148.5 million, or $0.54 per diluted share, including previously announced pre-tax restructuring charges totaling $2.8 million, or $0.01 per diluted share.
Included in the fourth quarter net income was a tax benefit of $23.2 million, or $0.08 per diluted share, primarily related to the impact of a recent favorable ruling for Xilinx in the US Ninth Circuit Court.
Ireland is the corporation’s headquarters for Europe, the Middle East and Africa (EMEA).
