SAN JOSE, Calif., Dec. 21, 2010 -- Xilinx, Inc. (Nasdaq: XLNX) today provided updated sales guidance for the December quarter of fiscal 2011.
- December quarter sales are expected to be down approximately 7% to 9% sequentially. This is a revision from previous sales guidance of flat to down 4% sequentially. The decreased sales guidance is primarily related to weaker than anticipated sales to a few large communications customers, specifically in the wireless segment.
- The Company expects sales growth to return to the communications segment in the March quarter based on current backlog and forecasts from its large customers.
- Gross margin is expected to be approximately 65%, in line with previous guidance. Additional commentary pertaining to the March quarter will be provided when the company reports its third quarter financial results on January 19, 2011.
No conference call will be held in conjunction with this guidance revision. To receive Xilinx press releases automatically via email, please sign up for a push email alert, which is available from our investor relations website at: http://www.investor.xilinx.com.
Xilinx is the world's leading provider of programmable platforms. For more information, visit www.xilinx.com.