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Technology Stocks : Semi Equipment Analysis
SOXX 309.40+1.0%Dec 5 4:00 PM EST
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To: Donald Wennerstrom who wrote (81500)10/25/2018 11:27:59 AM
From: Donald Wennerstrom1 Recommendation

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Xilinx beats by $0.11, beats on revs; guides Q3 revs above consensus; guides FY19 revs above consensus
4:28 PM ET 10/24/18 | Briefing.com

Reports Q2 (Sep) earnings of $0.87 per share, excluding non-recurring items, $0.11 better than the S&P Capital IQ Consensus of $0.76; revenues rose 19.0% year/year to $746 mln vs the $710.38 mln S&P Capital IQ Consensus.

Co issues upside guidance for Q3, sees Q3 revs of $760-780 mln vs. $719.94 mln S&P Capital IQ Consensus. Co issues upside guidance for FY19, sees FY19 revs of $2.95-3.00 bln vs. $2.85 bln S&P Capital IQ Consensus.
At the moment, XLNX is trading at the top of the SOX, up about 12%/13%.
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