Xilinx Updates June Quarter Guidance
SAN JOSE, Calif. -- July 2, 2009
-- Xilinx, Inc. (Nasdaq: XLNX) today provided updated financial guidance for the June quarter of fiscal 2010.
- June quarter sales are expected to be down approximately 5% sequentially. This is a revision from previous sales guidance of down 4% to up 4% sequentially. The shortfall in sales is primarily due to supply constraints on certain Virtex-5 devices that are in high demand. We currently expect most of the existing delinquency issues to be resolved in the September quarter.
- Gross margin guidance of 61% to 63% and operating expense guidance of flat to slightly down sequentially remain unchanged.
No conference call will be held in conjunction with this guidance revision. Additional commentary pertaining to the quarter will be available when the company reports its first quarter financial results on July 15, 2009. 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.
About Xilinx
Xilinx, Inc. (Nasdaq: XLNX) is the worldwide leader of programmable logic solutions. Additional information about Xilinx is available at http://www.xilinx.com.
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