Xilinx (Nasdaq: XLNX) reported earnings on July 17. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 29 (Q1), Xilinx beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue contracted slightly. GAAP earnings per share grew significantly.

Margins grew across the board.

Revenue details
 Xilinx chalked up revenue of $579.0 million. The 24 analysts polled by S&P Capital IQ anticipated revenue of $549.3 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.56. The 21 earnings estimates compiled by S&P Capital IQ predicted $0.48 per share. GAAP EPS of $0.56 for Q1 were 19% higher than the prior-year quarter's $0.47 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 69.0%, 300 basis points better than the prior-year quarter. Operating margin was 33.3%, 510 basis points better than the prior-year quarter. Net margin was 27.1%, 480 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $562.6 million. On the bottom line, the average EPS estimate is $0.49.

Next year's average estimate for revenue is $2.30 billion. The average EPS estimate is $2.03.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 331 members out of 374 rating the stock outperform, and 43 members rating it underperform. Among 115 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 108 give Xilinx a green thumbs-up, and seven give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Xilinx is outperform, with an average price target of $39.72.

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