Technology company Xilinx made an operating profit of $147.2 million in the first three months of the year, down slightly on the same period last year.

The company, which employs more than 250 people at its EMEA headquarters in Dublin, saw its revenues fall by $26.8 million in the quarter to the end of March, however its operating profit fell by just 0.2%, or $200,000.

Operating income was up by more than $8 million to $130.6 million, while earnings per share rose 3c to $0.47c

Xilinx specialises in circuit boards for use in industry electronics. Last year it announced a $50 million expansion of its engineering operations in Dublin and Cork.