Altera Corp (ALTR) Misses Q1 EPS by 1c, Revenue Misses
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Altera Announces First Quarter Results
April 23, 2015 4:15 PM EDTSAN JOSE, Calif., April 23, 2015 /PRNewswire/ -- Altera Corporation (NASDAQ: ALTR) today announced first quarter sales of $435.5 million, down 9 percent from the fourth quarter of 2014 and down 6 percent from the first quarter of 2014. First quarter net income was $94.9 million, $0.31 per diluted share, compared with net income of $111.1 million, $0.36 per diluted share, in the fourth quarter of 2014 and $116.5 million, $0.37 per diluted share, in the first quarter of 2014.
Cash flow from operating activities was $136.6 million. Altera repurchased approximately 1.6 million shares... More
