Xilinx Inc. shares dropped in the extended session Wednesday after the chip maker’s earning topped Wall Street estimates but revenue fell short of the consensus view. Xilinx shares fell 5% to $67.21 after hours. The company reported fiscal second-quarter net income of $168 million, or 65 cents a share, compared with $164 million, or 61 cents a share, in the year-ago period. Revenue rose to $620 million from $579 million in the year-ago period. Analysts surveyed by FactSet had estimated earnings of 63 cents a share on revenue of $621 million. For the fiscal third quarter, Xilinx estimates revenue of $615 million to $645 million. Analysts expect revenue of $626 million.
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