* Sees 3nd-qtr revenue of $586.9-$610.9 mln vs est $607.8 mln <\/p>\n
* Second-quarter EPS $0.49\/shr vs est $0.52\/shr <\/p>\n
* Second-quarter revenue $598.9 mln vs est $588.3 mln <\/p>\n
* Shares drop 4.5 pct in post-market trading <\/p>\n
By Lehar Maan <\/p>\n
Oct 16 (Reuters) - Chipmaker Xilinx Inc forecast current-quarter revenue largely below Wall Street's estimates as it expects lower revenue at its industrial and aerospace businesses. <\/p>\n
Xilinx shares fell 4.5 percent after the company said it expects current-quarter revenue to be up or down 2 percent sequentially. <\/p>\n
The forecast implies a third-quarter revenue range of $586.9 million to $610.9 million. Analysts on average were expecting revenue of $607.8 million, according to Thomson Reuters I\/B\/E\/S. <\/p>\n
The industrial, aerospace and defense business units accounted for 38 percent of Xilinx's revenue in the second quarter. <\/p>\n
\"After four consecutive growth quarters in industrial and aerospace and defense, we expect this category to decline sequentially,\" Chief Financial Officer Jon Olson said on a call with analysts. <\/p>\n
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Xilinx forecasts weak revenue from industrial, aerospace businesses<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" * Sees 3nd-qtr revenue of $586.9-$610.9 mln vs est $607.8 mln * Second-quarter EPS $0.49\/shr vs est $0.52\/shr * Second-quarter revenue $598.9 mln vs est $588.3 mln * Shares drop 4.5 pct in post-market trading By Lehar Maan Oct 16 (Reuters) - Chipmaker Xilinx Inc forecast current-quarter revenue largely below Wall Street's estimates as it expects lower revenue at its industrial and aerospace businesses. Xilinx shares fell 4.5 percent after the company said it expects current-quarter revenue to be up or down 2 percent sequentially. Continue reading