Xilinx Inc. (Nasdaq: XLNX) reported higher first quarter revenue and earnings of 62 cents per diluted share compared with 53 cents per diluted share in the year ago period but revenue fell short of expectations and the company forecast current quarter revenue below estimates. The stock price plummeted $7.16 to $40.99.
Xilinx disappoints
July 23, 2014 at 13:54 PM EDT