Xilinx Updates March Quarter Guidance
SAN JOSE, Calif., March 5, 2007 -- Xilinx, Inc. (Nasdaq: XLNX) today released its business update for the March quarter of fiscal 2007.
- March quarter sales guidance range has been narrowed to flat to down 4% sequentially. This is a change from flat to down 5% sequentially.
- Gross margin guidance is unchanged and expected to be approximately 61%, including $2 million of stock-based compensation.
- As a result of the convertible debt offering and concurrent share buyback, Xilinx expects the share count reduction to have a minimal impact to fourth quarter 2007 results. Other Income will be approximately $19 million. For fiscal year 2008, the Company expects a fully diluted share count of approximately 300 million based on the current stock price. Other Income will decline by approximately $31-32 million per year. All the repurchases of common stock are conditioned upon the closing of the offering of the debentures.
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 fourth quarter financial results on April 25, 2007.
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.
Related Semiconductor IP
- Ultra Ethernet MAC & PCS 100G/200G/400G/800G
- Ethernet PCS 100G/200G/400G/800G/1.6T
- Ethernet MAC 100G/200G/400G/800G/1.6T
- Junction Over-Temperature Detector with Linear Centigrade-to-Voltage Output - X-FAB XT018
- Performance P570 Gen 3
Related News
- MoSys Updates Second Quarter 2006 Guidance
- Altera Updates Second Quarter Guidance
- Chartered Updates Guidance for Third Quarter
- Lattice Semiconductor Updates Guidance For Third Quarter
Latest News
- SkyeChip Berhad Delivers 35.0% Net Profit Growth Ahead of Main Market Debut on 20 May 2026
- Quantum eMotion and JMEM TEK Sign Consortium Agreement to Accelerate Quantum-Resilient Semiconductor SoC Development
- Silvaco Announces Immediate Availability of Mixel MIPI C-PHY/D-PHY Combo IP on TSMC N2P Process
- BrainChip Strikes IP Licensing Deal with ASICLAND
- Arteris Technology Adopted by Li Auto for Intelligent Vehicles