Morning News Leader: Xilinx, Inc.(XLNX) Offers Strong Forward Guidance

Last Updated: Wednesday, May 15, 2019 10:33 AM | Michael Fowlkes

Morning News Leader

Xilinx, Inc. (XLNX) is up 1.0% Wednesday morning. The stock is moving higher after the company issued 2020 revenue guidance in a range of $3.45 billion to $3.6 billion, topping Wall Street forecasts. The midpoint of the company's guidance of $3.52 billion versus Wall Street's forecast of $3.49 billion.

Xilinx, Inc. (XLNX) manufactures semiconductors.

Amdocs Limited (DOX) and Tower Semiconductor Ltd. (TSEM) top the list of other companies with positive news today, while Agilent Technologies, Inc. (A) and The Children's Place, Inc. (PLCE) top the list of companies with negative news.

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