beat Wall Street's numbers but guided below estimates for the current quarter.
The San Jose programmable-chip maker posted earnings of $103.6 million, or 35 cents a share. That compares with a profit of $90 million, or 30 cents a share, in the prior quarter. Analysts were looking for earnings of 32 cents a share, according to Yahoo Finance.
Sales for the quarter ended last month were $474.8 million, up from $444.9 in the prior quarter and up from $451 million a year ago. Analysts expected $463.6 million in sales for the fiscal third quarter.
"We fired on all cylinders this quarter," Chairman Wim Roelandts said in a press release. But looking ahead, the company says sales may be down slightly from fiscal third-quarter levels.
For the fiscal fourth quarter ending in March, Xilinx says sales will be in a range between up 3% and down 1% sequentially. Analysts were looking for sales to grow about 4% sequentially.
The company earlier this month named Moshe Gavrielov, an executive for
, as its new CEO.
This article was written by a staff member of TheStreet.com.