Xilinx announces ‘flat’ earnings

LONGMONT – Xilinx Inc., a San Jose, Calif.-based provider of programmable logic solutions with offices in Longmont, reported flat earnings compared to last quarter and saw its earnings fall 5 percent compared to the same quarter last year.

Xilinx had earnings of $444.9 million this quarter – its net income was $89.7 million, or 30 cents per diluted share.

The company’s Asia Pacific sales accounted for 30 percent of its overall sales in the second quarter, up 25 percent from the same quarter last year and 15 percent from the same quarter five years ago.

“I am pleased with our reduction in inventories…