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Altera Announces Q3 Figures

SAN JOSE, Calif. — Altera Corporation (NASDAQ: ALTR) today announced third quarter sales of $522.5 million, down 5 percent from the second quarter of 2011 and down 1 percent from the third quarter of 2010.

Third quarter net income was $185.4 million, $0.57 per diluted share, compared with net income of $214.6 million, $0.65 per diluted share, in the second quarter of 2011 and $217.5 million, $0.69 per diluted share, in the third quarter of 2010.

Read the full press release.

{complink 265|Altera Corp.}

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