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Xilinx forecasts current-quarter revenue below estimates

Credit: REUTERS/ALY SONG

Xilinx Inc on Wednesday forecast current-quarter revenue below Wall Street estimates, weighed down by a prolonged U.S.-China trade dispute.

Oct 23 (Reuters) - Xilinx Inc XLNX.O on Wednesday forecast current-quarter revenue below Wall Street estimates, weighed down by a prolonged U.S.-China trade dispute.

The company said it expects third-quarter revenue of between $710 million and $740 million, well below analysts' average estimate of $844.9 million, according to IBES data from Refinitiv.

(Reporting by Munsif Vengattil in Bengaluru; Editing by Maju Samuel)

((Munsif.Vengattil@thomsonreuters.com; Twitter: @MunsifV; Phone: 646-223-8780;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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