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Xilinx profit falls 18 pct
January 17, 2013 / 9:31 PM / 5 years ago

Xilinx profit falls 18 pct

Jan 17 (Reuters) - Programmable chipmaker Xilinx Inc reported an 18 percent drop in quarterly profit on lower sales in its older product lines.

Third-quarter net income fell to $103.6 million, or 38 cents per share, from $127 million, or 47 cents per share, a year earlier.

Revenue for the company, which makes programmable chips used in cars and industrial machinery, fell to $509.8 million from $511.1 million a year earlier.

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