VPN - Xilinx reports upside FQ4 results driven by record auto sales data center strength

Xilinx (XLNX) gains 1.6% after hours on fiscal Q4 results that topped estimates with record revenue up 13% on the year to $851M and $0.82 EPS, three cents ahead of estimates.Data Center Group sales were up 28% Q/Q. Wired and Wireless increased 13%.Aerospace & Defense, Industrial and Test, Measurement & Emulation declined 2% on the quarter with strong industrial performance offset by an expected TME decline and Aerospace & Defense softness.Automotive, Broadcast and Consumer was down 1% with a record quarter for Auto offset by seasonal declines in the other verticals.“Record Q4 revenues were driven by strength in Wireless and Data Center (VPN) markets, as well as record quarters for our Industrial and Automotive end markets, which resulted in 6% sequential and 13% year-over-year growth,” says CFO Brice Hill.  “Advanced Products also grew 6% sequentially and represented 73% of total revenue. Top line performance drove fourth quarter free cash flows of

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Xilinx reports upside FQ4 results driven by record auto sales, data center strength