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.
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Previous Quarter Forecast
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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.
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