Key Developments: Altera Corp (ALTR.O)
32.94USD
24 May 2013
$0.23 (+0.70%)
$32.71
$32.50
$32.94
$32.34
1,825,846
3,381,243
$38.80
$29.59
Latest Key Developments (Source: Significant Developments)
Altera Corporation Issues Q3 2012 Revenue Guidance Above Analysts' Estimates
Altera Corporation announced that for the third quarter of 2012, it expects sequential sales growth of 2% to 6%. The Company reported revenue of $464.8 million in the second quarter of 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $470.7 million for the third quarter of 2012. Full Article
Altera Corporation Reaffirms Q2 2012 Revenue Guidance
Altera Corporation announced that for the second quarter of 2012, it expects sequential revenue growth to be in line with the Company's previous guidance for growth of 14% to 18% from the first quarter of 2012. The Company reported revenue of $384 million in the first quarter of 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $446 million for the second quarter of 2012. Full Article
Altera Corporation Declares Quarterly Cash Dividend
Altera Corporation announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share payable on June 1, 2012 to stockholders of record on May 10, 2012. Full Article
Altera Corporation Issues Q2 2012 Revenue Guidance In Line With Analysts' Estimates-Conference Call
Altera Corporation announced that for the second quarter of 2012, it expects sequential revenue increase of 14% to 18%. The Company reported revenue of $384 million in the first quarter of 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $451 million for the second quarter of 2012. Full Article
Altera Corporation And TSMC Jointly Develop Heterogeneous 3D IC Test Vehicle
Altera Corporation And TSMC announced that the joint development of the heterogeneous 3D IC test vehicle using TSMC's Chip-on-Wafer-on-Substrate (CoWoS) integration process. TSMC's integrated CoWoS process provides semiconductor companies developing 3D ICs an end-to-end solution that includes the front-end manufacturing process as well as back-end assembly and test solutions. Full Article
Altera Corporation Updates Q1 2012 Revenue Guidance; Reaffirms Q2 2012 Revenue Guidance
Altera Corporation announced that initial guidance for the first quarter was for a 5% to 9% sequential revenue decline, largely the result of program timing in the military vertical market and continued softness in sales to wireless customers. As the quarter has progressed, the Company has experienced somewhat more pronounced and broader than anticipated inventory adjustment related weakness and now believes that first quarter revenue will be 7% to 9% lower than fourth quarter levels. The Company continues to expect that revenue in the second quarter of 2012 will be above first quarter levels. Full Article
Altera Corporation Issues Q1 2012 Revenue Guidance In Line With Analysts' Estimates-Conference Call
Altera Corporation announced that for first quarter 2012 revenue , the Company is forecasting a 5% to 9% sequential decline. The Company reported revenue of $457.80 million in the fourth quarter of 2011. According to I/B/E/S estimates, analysts are expecting the Company to report revenue of $428.06 million for the first quarter of 2012. Full Article
Altera Corporation Declares Quarterly Dividend
Altera Corporation announced that it has declared a quarterly cash dividend of $0.08 per share payable on March 1, 2012 to stockholders of record on February 10, 2012. Full Article
Altera Corporation Lowers Q4 2011 Revenue Guidance
Altera Corporation announced that for the fourth quarter of 2011, it expects revenue to be 13% to 16% lower than third quarter 2011 levels. Previous guidance was for a decline of 7% to 11%. The Company reported revenue of $522.5 million in third quarter of 2011. Full Article
Altera Corporation Declares Quarterly Cash Dividend
Altera Corporation announced that the Board of Directors has has declared a quarterly cash dividend of $0.08 per share payable on December 1, 2011 to stockholders of record on November 10, 2011. Full Article
UPDATE 3-Intel takes big step in chip foundry business
SAN FRANCISCO, Feb 25 - Intel Corp has agreed to make chips on behalf of Altera, a significant step toward opening its prized manufacturing technology to customers on a larger scale, potentially including Apple .
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