Xilinx Up on Reaffirmed Results

By TSC Staff ,

Xilinx (XLNX) - Get Report was up 4.9% in preopen Island trading after the specialty chip maker reaffirmed its outlook for the fourth quarter. The company said it still expects revenue to fall 15% to 25% from the third quarter, but added that order cancellations and delays have slowed.

Analysts are expecting the company to report earnings of 16 cents a share, according to

Thomson Financial/First Call

.

Loading ...