SAN JOSE, Calif. (AP) _ Xilinx Inc. (XLNX) on Wednesday reported fiscal third-quarter net income of $171 million.

On a per-share basis, the San Jose, California-based company said it had net income of 69 cents. Earnings, adjusted for one-time gains and costs, were 78 cents per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 71 cents per share.

The computer chipmaker posted revenue of $803.4 million in the period, which also beat Street forecasts. Eight analysts surveyed by Zacks expected $776.1 million.

Xilinx shares have declined almost 6% since the beginning of the year, while the Standard & Poor's 500 index has stayed nearly flat. In the final minutes of trading on Wednesday, shares hit $133.86, a rise of 38% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XLNX at https://www.zacks.com/ap/XLNX

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