Xilinx reveals 2010 financial results

Xilinx, a programmable-logic-device supplier, has announced fiscal 2010 sales of $1.8bn, essentially flat with sales from the prior fiscal year.  

Fiscal 2010 net income decreased one per cent to $357.5m, or $1.29 per diluted share, versus fiscal 2009 net income of $361.7m, or $1.31 per diluted share.  

Fourth-quarter fiscal 2010 sales were $529m – up three per cent sequentially and up 34 per cent from the fourth quarter of the prior fiscal year.

Net income was $148.5m, or $0.54 per diluted share, including previously announced pre-tax restructuring charges totalling $2.8m, or $0.01 per diluted share.