SAN JOSE, Calif., June 7, 2007 -- Xilinx, Inc. (Nasdaq: XLNX) today released its business update for the June quarter of fiscal 2008.
-- June quarter sales are expected to be at the low end of the prior guidance range, which called for sales to be up 1% to 5% sequentially.
-- Gross margin is expected to be 62% to 63%, up from prior guidance of approximately 62%.
-- Operating expenses are expected to decrease approximately 5% sequentially, an improvement from prior guidance calling for a decrease of 4% to 5% sequentially.
Xilinx, Inc. (Nasdaq: XLNX) is the worldwide leader of programmable logic solutions. Additional information about Xilinx is available at http://www.xilinx.com.