Altera Corp (ALTR) Misses Q3 EPS by 10c

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Altera Announces Third Quarter Results

October 22, 2015 4:16 PM EDT

SAN JOSE, Calif., Oct. 22, 2015 /PRNewswire/ -- Altera Corporation (NASDAQ: ALTR) today announced third quarter sales of $399.6 million, down 4 percent from the second quarter of 2015 and down 20 percent from the third quarter of 2014. Third quarter net income was $61.5 million, $0.20 per diluted share, compared with net income of $70.3 million, $0.23 per diluted share, in the second quarter of 2015 and $118.0 million, $0.38 per diluted share, in the third quarter of... More

Altera Demonstrates Security and System Acceleration Solutions at MILCOM 2015

October 22, 2015 8:00 AM EDT

SAN JOSE, Calif., Oct. 22, 2015 /PRNewswire/ -- Altera Corporation (NASDAQ: ALTR) is demonstrating programmable logic-based security and system acceleration solutions for military grid communications, data centers, satellite communications and radar systems at MILCOM 2015 in Tampa, Florida, from October 26 to 28, 2015.  Show attendees can see firsthand (Booth #1007) how Altera IP, FPGA, and SoC solutions enable product developers to address security and system acceleration requirements and control power consumption in a variety of military, aerospace and government communications systems.... More