Key Developments: Altera Corp (ALTR.O)
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18 Jun 2013
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Latest Key Developments (Source: Significant Developments)
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
Altera Corporation Issues Q4 2011 Revenue Guidance Below Analysts' Estimates
Altera Corporation announced that for fourth quarter of 2011, it expects sequential revenue of down 7% to 11%. The Company reported revenue of $522.5 million in third quarter of 2011. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $533 million for fourth quarter of 2011. Full Article
Altera Corporation Lowers Q3 2011 Sales Guidance
Altera Corporation updated third quarter 2011 sales guidance. The Company currently expects third quarter sales to be in the range of down 3% to up 1% versus second quarter sales. Previous guidance was for sales growth of 2% to 6%. The Company reported revenues of $548.38 million in the second quarter of 2011. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $569.52 million for the third quarter of 2011. Full Article
Altera Corporation Issues Q3 2011 Revenue Guidance Above Analysts' Estimates-Conference Call
Altera Corporation announced that for the third quarter of 2011, it expects revenue to increase sequentially 2% to 6%. The Company reported revenues of $548.38 million in the second quarter of 2011. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $549.04 million for the third quarter of 2011. Full Article
Altera Corporation Declares Dividend
Altera Corporation announced that the Board of Directors has increased the company's quarterly cash dividend to $0.08 per share, up from the previous dividend of $0.06 per share. The board of directors has declared that the next quarterly dividend will be paid on September 1, 2011 to stockholders of record on August 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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