Altera Updates Third Quarter Revenue Guidance
SAN JOSE, Calif., Sept 07, 2010 -- Altera Corporation (Nasdaq: ALTR) today announced that, based on quarter-to-date results and the company's outlook for the remainder of the quarter, third quarter revenue is now expected to be 10 to 14 percent above second quarter levels. The company's prior guidance was for sequential growth of 4 to 8 percent.
Growth continues to be broad. It is likely that all four of the company's vertical markets will show sequential growth. The telecom and wireless vertical market is on track to be the fastest growing portion of the business, driven in large part by 3G wireless deployments and needs for additional wireless backhaul capacity.
The company will announce third quarter results after the market close on October 19, 2010.
About Altera
Altera programmable solutions enable system and semiconductor companies to rapidly and cost-effectively innovate, differentiate and win in their markets. Find out more about Altera's FPGA, CPLD and ASIC devices at www.altera.com.
Related Semiconductor IP
- Band-Gap Voltage Reference with dual 2µA Current Source - X-FAB XT018
- 250nA-88μA Current Reference - X-FAB XT018-0.18μm BCD-on-SOI CMOS
- UCIe D2D Adapter & PHY Integrated IP
- Low Dropout (LDO) Regulator
- 16-Bit xSPI PSRAM PHY
Related News
- Altera Updates Second Quarter Guidance
- Lattice Semiconductor Announces Business Update for Second Quarter; Raises Revenue Guidance
- MoSys Updates Second Quarter 2006 Guidance
- Xilinx Updates March Quarter Guidance
Latest News
- UMC Reports First Quarter 2026 Results
- Rambus Appoints Sumeet Gagneja as Chief Financial Officer
- SEMI Reports Worldwide Silicon Wafer Shipments Increase 13% Year-on-Year in Q1 2026
- POLYN Technology Announces Tapeout of Automotive Chip
- QuickLogic Establishes New Banking Relationship and Secures $10 Million Revolving Credit Facility