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Xilinx Business Update for December Quarter FY03

PRNewswire-FirstCall
SAN JOSE, Calif.
Dec 10, 2002

Xilinx, Inc. (NASDAQ: XLNX) today released its business update for the December quarter of Fiscal 2003:

  -- December quarter revenues expected to be up 1% to 3% sequentially
     versus previous guidance range of $278 million to $285 million.
  -- December quarter revenue expectations by geography:

     -- North American & European revenues flattish sequentially
     -- Japan and Asia revenues up sequentially

  -- Days sales outstanding and days of inventory at both distributors and
     Xilinx, expected to trend lower sequentially.

Future Xilinx business updates will be published in the form of a press release. Financial guidance to the investment community will be limited to the points mentioned in the business update document. Please sign up for a push email alert, which is available from our investor relations web site at: http://www.investor.xilinx.com/ . No conference calls will be held in conjunction with the business update.

(Photo: http://www.newscom.com/cgi-bin/prnh/20020822/XLNXLOGO )

This release contains forward-looking statements and projections. Actual events and results may differ materially from those in the forward-looking statements and are subject to risks and uncertainties including the general health of global economies as well as of the semiconductor industry, the health of our end markets and our customers' customers, our ability to forecast end customer demand, customer acceptance of our new products, high dependence on turns business and other risk factors listed in our most recent Form 10K.

About Xilinx

Xilinx, Inc. is the worldwide leader of programmable logic solutions. Additional information about Xilinx is available at http://www.xilinx.com/ .

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SOURCE: Xilinx, Inc.

CONTACT: investors, Lori Owen of Xilinx, Inc., +1-408-879-6911, or
ir@xilinx.com

Web site: http://www.xilinx.com/


Worldwide Media Contacts

Silvia E. Gianelli
Phone: 408-626-4328
Email: silvia.gianelli@xilinx.com

 

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