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Thursday, April 24, 2008

Xilinx News Update: Q4'08 Financial Announcement

Xilinx reports 10% profit rise

Highlights:



Other:
Revenue almost flat from Q2Q, which fall into high side of company forecast (flat to down 4%).

Outlook:
Q1 '09 sales would range between a 1% sequential decline to a 3% sequential increase, which translates to a range of $471 million to $490 million. Analysts were looking for $488.2 million.

News Link
Previous Quarter Forecast

1 comment:

LianKheng said...

Xilinx shares rise after job cuts announcement
Wednesday June 4, 7:25 pm ET
Xilinx climbs after announcing job cuts; Analysts say Altera sales trends good for Xilinx too

NEW YORK (AP) -- Shares of Xilinx are up after the chip maker announced it would eliminate 250 jobs, or about 7 percent of its work force.

The San Jose, Calif.-based company's stock rose 94 cents, or 3.5 percent, to $27.86.