Xilinx Inc. (XLNX) reported third quarter EPS of $0.49 after the close Wednesday, down from $0.62 in the prior year period. Analysts expected EPS of $0.49.
Xilinx gapped open sharply higher Thursday, but traded in a range for the majority of the session. The stock closed up by 3.70 at $46.78, with volume at a 9-month high. Xilinx jumped to a 2 1/2 week high and re-crossed its 50 and 200-day moving averages.
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