Xilinx Updates September Quarter Sales Guidance
SAN JOSE, Calif., Sept. 20, 2011 -- Xilinx, Inc. today provided a revised sales forecast for the September quarter.
- Sales are now expected to decline 7% to 10% sequentially. This is a revision from previous guidance that called for sales to be up 1% to down 3% sequentially.
- Weaker than expected sales growth during the quarter is driven primarily by the Communications and Industrial and Other categories.
- Gross margin forecast remains unchanged at approximately 63%.
- Operating expenses are expected to be approximately $208 million, including approximately $2 million of amortization of acquisition-related intangibles and approximately $4 million in restructuring charges. This is lower than original guidance of $218 million due primarily to lower variable expense and timing of development expense, including labor; and lower than anticipated restructuring charges.
No conference call will be held in conjunction with this business update. Additional commentary pertaining to the quarter will be available when the company reports its second quarter financial results on October 19, 2011.
About Xilinx
Xilinx is the world's leading provider of programmable platforms. For more information, visit www.xilinx.com.
|
Xilinx, Inc. Hot IP
Related News
Breaking News
- Keysight, Synopsys, and Ansys Deliver Radio Frequency Design Migration Flow to TSMC's N6RF+ Process Node
- Siemens collaborates with TSMC on design tool certifications for the foundry's newest processes and other enablement milestones
- Leveraging Cryogenics and Photonics for Quantum Computing
- Kalray Joins Arm Total Design, Extending Collaboration with Arm on Accelerated AI Processing
- Credo at TSMC 2024 North America Technology Symposium
Most Popular
- Huawei Mate 60 Pro processor made on SMIC 7nm N+2 process
- Silicon Creations Reaches Milestone of 10 Million Wafers in Production with TSMC
- GUC provides 3DIC ASIC total service package to AI/HPC/Networking customers
- Analog Bits to Demonstrate Numerous Test Chips Including Portfolio of Power Management and Embedded Clocking and High Accuracy Sensor IP in TSMC N3P Process at TSMC 2024 North America Technology Symposium
- Alphawave Semi: FY 2023 and 2024 YTD Trading Update and Notice of Results
E-mail This Article | Printer-Friendly Page |