Altera Reports Record Second Quarter '99 Revenues; Sales Increase 6% Sequentially; Net Income Up 9% Sequentially.
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Altera Reports Record Second Quarter '99 Revenues; Sales Increase 6% Sequentially; Net Income Up 9% Sequentially.
SAN JOSE, Calif.--(BUSINESS WIRE)--July 15, 1999--
Altera Corporation (Nasdaq:ALTR) today reported record second quarter sales of $197.8 million, up 6% from the previous quarter and up 23% over the same period last year. Second quarter sales growth of 6% was achieved by sequential gains in all channels with North America up 5%, Europe up 1%, and Japan and Asia/Pacific both recording double-digit growth of 10% and 24%, respectively. New and mainstream products made up 64% of sales for the quarter. New pr...See the full content of this document
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