Chipmaker Xilinx posts 14 percent fall in quarterly profit

Reuters News
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Posted: Apr 22, 2015 4:35 PM

(Reuters) - Chipmaker Xilinx Inc reported a 14 percent fall in fourth-quarter net income, hurt by a $24 million restructuring charge.

Net income fell to $134.6 million, or 50 cents per share, from $156 million, or 53 cents per share, a year earlier.

(Reporting by Abhiram Nandakumar in Bengaluru; Editing by Sayantani Ghosh)