May 14, 2019 / 8:57 PM / 2 months ago

Xilinx forecasts fiscal 2020 revenue above Wall Street expectations

May 14 (Reuters) - Xilinx Inc, a chip supplier whose products are used in 5G networking gear, said at an investor conference on Tuesday that it expects between $3.45 billion and $3.6 billion in revenue for its fiscal year 2020.

With a midpoint of $3.52 billion, the forecast was slightly above the $3.49 billion that analysts were expecting, according to IBES data from Refinitiv. (Reporting by Stephen Nellis Editing by Leslie Adler)

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