Xilinx Lifts Q3 Sales Growth View - Quick Facts

Xilinx, Inc. (XLNX) provided updated sales guidance for the third quarter of fiscal 2010.

The company expects sales to be up approximately 16% to 20% sequentially, compared to previous sales guidance of up approximately 6% to 10% sequentially.

Analysts polled by Thomson Reuters expect the company to report revenues of $448.87 million. Analysts' estimates typically exclude special items.

Gross margin is expected to be approximately 64%, up from prior guidance of approximately 62% to 63%.

by RTTNews Staff Writer

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