20.01.2016 22:39:45

Xilinx Expects Q4 Sales To Be Approx. Flat Sequentially - Quick Facts

(RTTNews) - Xilinx, Inc. (XLNX) announced the company expects its March Quarter sales to be approximately flat sequentially. Gross margin is expected to be 68-69%.

Third-quarter sales were $566 million, up 7% from the prior quarter and down 5% from the same quarter of the prior fiscal year. Third quarter fiscal 2016 net income was $131 million, or $0.49 per share.

The Xilinx Board announced a quarterly cash dividend of $0.31 per outstanding share of common stock, payable on March 16, 2016 to all stockholders of record at the close of business on March 2, 2016.

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