Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $40.89 USD
Change Today -1.20 / -2.85%
Volume 15.0M
ALTR On Other Exchanges
Symbol
Exchange
NASDAQ GS
Hamburg
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

altera corp (ALTR) Snapshot

Open
$42.30
Previous Close
$42.09
Day High
$42.30
Day Low
$40.49
52 Week High
04/10/15 - $45.38
52 Week Low
10/10/14 - $30.47
Market Cap
12.3B
Average Volume 10 Days
7.7M
EPS TTM
$1.46
Shares Outstanding
301.1M
EX-Date
05/7/15
P/E TM
28.0x
Dividend
$0.72
Dividend Yield
1.69%
Current Stock Chart for ALTERA CORP (ALTR)

altera corp (ALTR) Related Businessweek News

View More BusinessWeek News

altera corp (ALTR) Details

Altera Corp. designs, manufactures, and markets programmable logic devices (plds); structured application-specific integrated circuit devices; predefined design building blocks or intellectual-property cores; and associated development tools. Its programmable logic devices are semiconductor integrated circuits. Altera also provides HardCopy, HardCopy II, and other masked programmed logic devices, configuration devices, development software, and other tools and intellectual-property cores. Altera was founded in 1983 and is headquartered in San Jose, Calif.

3,091 Employees
Last Reported Date: 02/13/15
Founded in 1983

altera corp (ALTR) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $800.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $420.0K
Senior Vice President of Worldwide Operations...
Total Annual Compensation: $375.0K
Senior Vice President and General Manager of ...
Total Annual Compensation: $375.0K
Senior Vice President of Research and Develop...
Total Annual Compensation: $375.0K
Compensation as of Fiscal Year 2014.

altera corp (ALTR) Key Developments

Altera Corp. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 27, 2015; Provides Earnings Guidance for the Second Quarter of 2015

Altera Corp. announced unaudited consolidated earnings results for the first quarter ended March 27, 2015. For the quarter, the company reported sales of $435.5 million compared to $461.092 million a year ago. 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. Income before income taxes was $101.715 million against $130.140 million a year ago. Income from operations was $102.994 million against $133.141 million a year ago. Net cash provided by operating activities was $136.633 million against $130.430 million a year ago. Purchases of property and equipment were $38.593 million against $12.622 million a year ago. Purchases of intangible assets were $0.257 million. For the second quarter of 2015, the company expects sequential sales expected to be 4% to 8%, gross margin expected to be 66.5% to 67.5%, research and development expected to $110 million to $112 million and tax rate expected to be 12% to 14%.

Altera Corp. Declares Quarterly Cash Dividend, Payable on June 1, 2015

Altera Corp. announced that its board of directors declared a quarterly cash dividend of $0.18 per common share. The quarterly dividend will be payable on June 1, 2015 to stockholders of record on May 11, 2015.

Investors Ask Altera To Talk

Shareholders of Altera Corp. (NasdaqGS:ALTR) have urged the firm to resume takeover talks with Intel Corporation (NasdaqGS:INTC). Investors, including Cadian Capital Management, LLC and TIG Advisors, LLC have reportedly sent letters to Altera's management, raising concerns over company's ability to create value on its own.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ALTR:US $40.89 USD -1.20

ALTR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Linear Technology Corp $46.10 USD -1.33
Maxim Integrated Products Inc $32.78 USD -1.96
Microchip Technology Inc $47.33 USD -1.24
Qorvo Inc $70.12 USD -3.15
Xilinx Inc $42.89 USD -0.87
View Industry Companies
 

Industry Analysis

ALTR

Industry Average

Valuation ALTR Industry Range
Price/Earnings 27.9x
Price/Sales 6.5x
Price/Book 3.7x
Price/Cash Flow 26.7x
TEV/Sales 4.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ALTERA CORP, please visit www.altera.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.