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Altera Updates Second Quarter Guidance
SAN JOSE, Calif. -- Jun. 1, 2009 -- Altera Corporation (NASDAQ: ALTR) today announced its mid-quarter update for the second quarter of 2009.
Based on quarter-to-date results, Altera reaffirms its prior revenue guidance for second quarter sales to be up 2 to 7 percent sequentially. As expected, demand from OEMs providing equipment for Asian 2G and 3G wireless networks remains strong.
Altera's new products have been the company's growth drivers during the second quarter. Sales of the company's 65-nanometer devices are up sharply. As anticipated, sales of Altera's 40-nanometer devices are on track to double from first quarter levels as the company is now shipping its Stratix® IV GX, Stratix IV GT, and Arria® II GX FPGAs.
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.
Based on quarter-to-date results, Altera reaffirms its prior revenue guidance for second quarter sales to be up 2 to 7 percent sequentially. As expected, demand from OEMs providing equipment for Asian 2G and 3G wireless networks remains strong.
Altera's new products have been the company's growth drivers during the second quarter. Sales of the company's 65-nanometer devices are up sharply. As anticipated, sales of Altera's 40-nanometer devices are on track to double from first quarter levels as the company is now shipping its Stratix® IV GX, Stratix IV GT, and Arria® II GX FPGAs.
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.
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