Xilinx announces third quarter fiscal 2011 results

Programmable logic device (PLD) supplier Xilinx has announced third quarter fiscal 2011 sales of $567m (£354m), down 8 per cent sequentially and up 10 per cent from the third quarter of the prior fiscal year.

Third quarter fiscal 2011 net income was $152m, or $0.58 per diluted share, while the Xilinx board of directors announced a quarterly cash dividend of $0.16 per outstanding share of common stock, payable on 2 March 2011 to all stockholders on record at the close of business on 9 February 2011.