SAN JOSE, Calif.--Xilinx Inc. said revenues for the fourth quarter of fiscal 2004 were $403.4 million, up 10 percent sequentially and up 32 percent from the same quarter a year ago.
Net income for the fourth quarter was $130.9 million, or $0.36 per diluted share, up 165 percent from $49.4 million, or $0.14 per diluted share, in the fourth quarter of fiscal 2003. Net income for the March quarter was impacted by the benefit from the tax settlement and related charges.
"For the second consecutive quarter, Xilinx revenues grew double digits sequentially with increased sales from all geographies and product families," said Wim Roelandts, Xilinx's chairman and chief executive officer. Revenues expected to increase 5-8 percent sequentially in the current period.