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Monday, June 17, 2024

Xilinx Lowers Q3 Sales Forecast

Courtesy of Benzinga.

Xilinx Inc (NASDAQ: XLNX) cut its fiscal third-quarter sales forecast.

Xilinx now projects its sales to drop 9% to 12% from the fiscal second quarter, versus its earlier forecast of a 3% to 8% sequential decline.

Xilinx shares gained 0.27% to $31.30 at 9:36 am.

For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.

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