Altera widens view for quarterly sequential sales decline
Chips cooked?
SAN FRANCISCO (MarketWatch) -- Altera Corp. (ALTR : Altera Corporation News , chart, profile, more Last: 20.30-0.06-0.29%
4:12pm 12/05/2006
ALTR20.30, -0.06, -0.3%) after Tuesday's closing bell said it now sees a decline in fourth-quarter sequential sales of 5% to 7%, compared with its prior view of a 2% to 5% decline. The programmable solutions company cited declining sales for mainstream and mature products. Altera added that it still expects sequential sales growth to resume in the first quarter.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.