Xilinx Inc. reported revenues of $472.3 million in Q4 ended April 1, up 21 percent year-over-year, with net profit of $110.7 million.

Wim Roelandts, CEO and chairman of Xilinx said in a statement, ¡§Strong European sales coupled with solid new product growth enabled Xilinx to exit the fiscal year with record revenues.¡¨

¡§European sales increased 15 percent sequentially and 24 percent versus the same quarter a year ago, driven by customers in the communications end market. I am also pleased with the sales growth of new products which increased 18 percent sequentially during the March quarter. Sales from most products in this category surpassed internal forecasts. Sales of the Virtex-4 family were exceptionally strong during the quarter, increasing more than 70 percent sequentially,¡¨ he explained.

Looking ahead to fiscal Q1 2007 ending in June, Xilinx expects revenues to be up one to five percent sequentially with gross margin expected to be approximately 62.5 percent including approximately $4 million of stock-based compensation charges.

By: DocMemory
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