Earnings release
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{ XILINX . Xilinx Reports Third Quarter Fiscal Year 2021 Results January 27 , 2021 • Revenues of $ 803 million exceeded the high end of guidance , representing 5 % sequential and 11 % year over year growth • Wired and Wireless Group ( WWG ) revenue increased 14 % sequentially due to strength in the Wireless markets as 5G deployments ramped in multiple regions • Automotive , Broadcast & Consumer ( ABC ) revenue increased 27 % sequentially , driven by record quarters in the Automotive and Broadcast end markets • Aerospace & Defense , Industrial and Test , Measurement & Emulation ( AIT ) revenue increased 7 % sequentially , driven by strong performance in the Test , Measurement and Emulation market • Data Center Group ( DCG ) revenue declined 45 % sequentially , in line with expectations , compared to a record second quarter which benefited from trade - related order acceleration • Free cash flow of $ 354 million , representing 44 % of revenue • Returned $ 93 million to stockholders through dividends SAN JOSE , Calif .-- ( BUSINESS WIRE ) -- Jan . 27 , 2021-- Xilinx , Inc. ( Nasdaq : XLNX ) , the leader in adaptive computing , today announced revenues of $ 803 million for the third quarter of fiscal year 2021 . GAAP net income for the quarter was $ 171 million , or $ 0.69 per diluted share . Non - GAAP net income was $ 194 million , or $ 0.78 per diluted share . Additional third quarter of fiscal year 2021 comparisons are provided in the charts below . Q3 Fiscal 2021 Financial Highlights ( In millions , except EPS ) Net revenues * Gross margin Operating income Net income GAAP Q3 Q2 FY2021 FY2021 FY2020 Q - T - Q Y - T - Y $ 803 $ 767 $ 723 5 % 11 % $ 547 $ 542 $ 172 $ 205 $ 171 Q3 Q3 Non - GAAP $ 483 1 % 13 % $ 194 $ 162 Q2 $ 159 Diluted earnings per share $ 0.69 $ 0.79 $ 0.64 -13 % 8 % -16 % 8 % Q3 -12 % 6 % FY2021 FY2021 FY2020 Q - T - Q Y - T - Y