Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Altera -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (2271)	6/3/2003 5:46:27 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 2389

Altera ups revenue guidance to high end of range Tuesday June 3, 4:56 pm ET SAN FRANCISCO, June 3 (Reuters) - Altera Corp. (NasdaqNM:ALTR - News), a maker of programmable semiconductors on Tuesday raised its guidance for the second-quarter to the high end of its previously given range, and now expects revenue to rise 3 percent to 4 percent from the prior quarter. Altera, a maker of programmable semiconductors, had previously said it expected second-quarter revenue to be $197 million to $205.3 million, or for 1 percent to 4 percent sequential revenue growth. Altera, based in San Jose, California, cited expanding demand for its newest products, the Stratix and Cyclone family of chips. Analysts, on average, were expecting Altera to post second-quarter revenue of $200.3 million and earnings per share of 9 cents, excluding items, according to Reuters Research.