Altera Corp (ALTR) Misses Q2 EPS by 3c

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Altera Announces Second Quarter Results

July 23, 2015 4:15 PM EDT

SAN JOSE, Calif., July 23, 2015 /PRNewswire/ -- Altera Corporation (NASDAQ: ALTR) today announced second quarter sales of $414.2 million, down 5 percent from the first quarter of 2015 and down 16 percent from the second quarter of 2014. Second quarter net income was $70.3 million, $0.23 per diluted share, compared with net income of $94.9 million, $0.31 per diluted share, in the first quarter of 2015 and $127.0 million, $0.41 per diluted share, in the second quarter of 2014.

Year-to-date cash flow from operating activities was $225.9 million. Altera's board of directors has declared a... More

Altera "Aces It" at the Annual EE Times/EDN ACE Awards

July 22, 2015 6:26 PM EDT

SAN JOSE, Calif., July 22, 2015 /PRNewswire/ -- Altera Corporation (Nasdaq: ALTR) received the first-place ACE award for best reference design during the EE Times and EDN 2015 UBM Canon Annual Creativity in Electronics (ACE) Awards ceremony at the Embedded Systems Conference held in Santa Clara, California, on July 21, 2015. Altera received top honors in the Ultimate Product: Reference Design category for its single-chip, cloud-enabled programmable logic controller (PLC) reference design for Industry 4.0 applications. The ACE Awards Ultimate Product category recognized leading-edge... More