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Xilinx Narrows Revenue Outlook

The chipmaker sees flat sequential sales.
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now anticipates that sales for the September quarter will be about flat sequentially, tweaking expectations higher from its previous estimate of sales coming in flat to slightly down sequentially.

Analysts polled by Thomson Financial were expecting revenue of $443.9 million for the company's second quarter. In the first quarter, Xilinx had revenue of $445.9 million.

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The San Jose, Calif.-based chipmaker said sequential sales growth by geography is tracking as expected, with sales from Japan expected to be up, sales from Asia Pacific expected to be about flat and sales from North America and Europe expected to be down slightly sequentially.

Shares of Xilinx were recently off 31 cents, or 1.2%, to $26 in recent after-hours trading.