Xilinx Sees Brighter Sales Performance

Xilinx Inc., the largest maker of programmable semiconductors, said fiscal third-quarter sales will be about 5% below the second quarter’s, better than expected.

Shares of the San Jose-based company rose as high as $41.39 in after-hours trading on the news. The stock had closed off 39 cents at $40.61 on Nasdaq before the release of the forecast.

Sales in the second quarter were $224.65 million. The company’s new third-quarter sales forecast is at the high end of analysts’ estimates of $205 million to $213 million, according to IBES International Inc. Sales were earlier expected to be $208.9 million.