Xilinx beats by $0.01, misses on revs; guides Q4 revs in-line
Reports Q3 (Dec) earnings of $0.55 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus Estimate of $0.54; revenues rose 15.1% year/year to $587 mln vs the $600.62 mln consensus.
Co issues in-line guidance Xilinx sees Q4 revs +2-6% sequentially (~$598.5-622.0 mln) vs $622.14 mln Capital IQ Consensus Estimate.
Gross margin is expected to be approximately 68%.
Operating expenses are expected to be approximately $226 million, including $2.5 million of amortization of acquisition-related intangibles.
Other income and expenses are expected to be a net expense of approximately $7 mil