Tomahawk, WI 05/12/2014 (Basicsmedia) – Altera Corporation (NASDAQ:ALTR), a renowned semiconductor company depicted the Q1-2014 financial facts on April 24, 2014. The CEO of Altera Corp, John P Daane presented the lucrative financial estimates amidst euphoria, as the reports successfully beaten the scores in Q1-2013 and in Q4-2013.

The Q1 Sales

Altera Corporation (NASDAQ:ALTR) has notched up Q1 sales estimating to $461.1 million, a hike by a margin of 1% over Q4-2013 and 12% over Q1-2013. ALTR has had an income of $116.5 million in the three months of Q1-2014; in contrast, the net income in Q4-2013 was $98.9 million and Q1-2013, $120.2 million.

The EPS Review

The earnings per share in Q1-2014 nearly equaled that in Q1-2013; EPS in Q1-2014 was $0.37. The EPS has remained quite unperturbed for the larger part of 2013, until it witnessed a meagre drop in Q4-2013. Further, Altera Corporation (NASDAQ:ALTR)  officials have notified about total cash flow amounting to $130.4 million in this quarter. Moreover, Altera repurchased a holistic value amounting to $161.8 million in Q1-2014. John Daane is excited as the economic facts exceeded the way he had expected in Q1-2014.

Awards And Market Gains

ALTR is all set to launch the ultra-modern technologies on the global front; this shall surely help them grab huge sales , amassing phenomenal revenues.  In the DesignCon 2014, Altera received two impressive DesignVision Awards for its intuitive and innovative approach! On May 6,2014, ALTR announced how honored it has been to be awarded the ‘2014 Defender-Of-The-Year’ from General Dynamics C4 Systems (Defense Contractor).

ALTR reported that SoC consumers and Stratix 10 FPGA are deemed to achieve an anticipated 2X gain in core performance in their designs in comparison and in contention with programmable devices of the previous generations!

Dividend – $0.15 per share!

The directors of Altera Corporation (NASDAQ:ALTR) also announced dividends worth $0.15 per share to each stockholder in every quarter. The dividend of Q1-2014 shall be paid to all and sundry by June 2, 2014; but it should be reckoned that the stockholders recorded only till May 12, 2014 shall get the dividend!

The Hammer Chart Pattern

Altera Corporation (NASDAQ:ALTR) has evolved as a moving stock, and seems to follow a Hammer Chart Pattern. Considering the lucrative Q1-2014 and estimates that projects profound growth in the rest of the quarters, the Hammer pattern might just efface ideal for investors to buy the ALTR stocks, within the next few days.

DISCLAIMER: This content is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.