Monday, March 2, 2009

Xilinx Narrows Financial Guidance Citing Stronger Wireless Sales

Xilinx narrowed its financial guidance for the March quarter of fiscal 2009. The new guidance:

  • March quarter sales are expected to be down 13% to 18% sequentially. This is an upward revision to previous sales guidance of down 15% to 25% sequentially due primarily to better than expected wireless communications sales.

  • Gross margin guidance of 61% to 63% and operating expense guidance of flat to slightly down sequentially remain unchanged.

See also