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2015 Financial News

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07/29/15Altera Receives Favorable Opinion on Cost-Sharing Litigation
SAN JOSE, Calif., July 29, 2015 /PRNewswire/ -- Altera Corporation (NASDAQ: ALTR) today announced that the United States Tax Court (the "Court") has issued a favorable opinion with respect to Altera's litigation with the Internal Revenue Service ("IRS") filed with the Court in 2012. The litigation relates to the treatment of stock-based compensation expense in an inter-company cost-sharing arrangement with Altera's wholly owned subsidiary, Altera International, Inc., for fiscal years 2004 throug... 
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07/23/15Altera Announces Second Quarter Results
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 ca... 
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06/01/15Intel to Acquire Altera
Enables New Classes of Products in High-Growth Data Center and Internet of Things Market Segments Combination Harnesses the Power of Moore’s Law to Accelerate Altera’s Existing Businesses Expected to be Accretive to Non-GAAP EPS and Free Cash Flow in First Year After Close SANTA CLARA, Calif. & SAN JOSE, Calif.--(BUSINESS WIRE)--Intel Corporation (INTC) and Altera Corporation (ALTR) today announced a definitive agreement under which Intel would acquire Altera for $54 per share... 
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04/29/15Altera Announces Participation in R.W. Baird Conference
SAN JOSE, Calif., April 29, 2015 /PRNewswire/ -- Altera Corporation (Nasdaq: ALTR) today announced that it will participate in the R.W. Baird Growth Stock Conference in Chicago, IL.  Altera's presentation is scheduled for May 6th at 11:30 am Central Time.  Interested parties may access a webcast of Altera's presentation at this event on our website at www.altera.com. About Altera Altera® programmable solutions enable designers of electronic systems to rapidly and cost effectively innovat... 
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04/23/15Altera Announces First Quarter Results
SAN 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 o... 
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04/16/15Altera Announces First Quarter Earnings Conference Call
SAN JOSE, Calif., April 16, 2015 /PRNewswire/ -- Altera Corporation (NASDAQ: ALTR) today announced it will hold a conference call for interested members of the investment community at 1:45 pm Pacific Time on Thursday, April 23, 2015 to discuss the company's first quarter results and business outlook. The company will release earnings after the market closes on April 23, 2015. A live webcast and replay of the call will be available on the company's web site, www.altera.com. For those without... 
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02/04/15Altera Announces Upcoming Schedule of Events With the Financial Community
SAN JOSE, Calif., Feb. 4, 2015 /PRNewswire/ -- Altera Corporation (Nasdaq: ALTR) today announced its scheduled participation in the following events with the financial community:  Goldman Sachs Technology and Internet Conference San Francisco, CA February 12, 2015 9:40am PT Morgan Stanley Technology, Media and Telecom Conference San Francisco, CA March 2, 2015 12:45pm PT Interested parties may access a webcast of Altera's presentation at these events on our website at www.altera.co... 
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01/22/15Altera Announces Fourth Quarter Results
SAN JOSE, Calif., Jan. 22, 2015 /PRNewswire/ -- Altera Corporation (NASDAQ: ALTR) today announced fourth quarter sales of $479.9 million, down 4 percent from the third quarter of 2014 and up 6 percent from the fourth quarter of 2013. Fourth quarter net income was $111.1 million, $0.36 per diluted share, compared with net income of $118.0 million, $0.38 per diluted share, in the third quarter of 2014 and $98.9 million, $0.31 per diluted share, in the fourth quarter of 2013. Cash flow from o... 
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01/20/15Altera Announces Fourth Quarter Earnings Conference Call
SAN JOSE, Calif., Jan. 20, 2015 /PRNewswire/ -- Altera Corporation (NASDAQ: ALTR) today announced it will hold a conference call for interested members of the investment community at 1:45 pm Pacific Time on Thursday, January 22, 2015 to discuss the company's fourth quarter results and business outlook. The company will release earnings after the market closes on January 22, 2015. A live webcast and replay of the call will be available on the company's web site, www.altera.com. For those wit... 
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