Reuters: Global Markets: Xilinx profit jumps 21 percent, shares rise

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Xilinx profit jumps 21 percent, shares rise Jul 17th 2013, 20:37 Wed Jul 17, 2013 4:37pm EDT (Reuters) - Programmable chip maker Xilinx Inc (XLNX.O) reported a 21 percent jump in quarterly profit as sales rose in its wired communications, aerospace and defense businesses. Net income rose to $157 million, or 56 cents per share, in the first quarter, compared with $129.8 million, or 47 cents per share, a year earlier. Revenue fell 1 percent to $579 million. Xilinx shares rose 5 percent in extended trade after closing at $43.53 on the Nasdaq on Wednesday. Semiconductor chips made by Xilinx are sold off the shelf and can be programmed by customers.

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