ENP Newswire -
Release date- 25072014 -
Second quarter net income was
Year-to-date cash flow from operating activities was
'Revenue growth was stronger than expected with new products up double digits sequentially. New product growth reflects very good 28 nm FPGA performance as well as continued solid growth from our 40 nm products,' said
Further, at the high end, with continuing development of our
Recent accomplishments mark the company's continuing progress: Early access customers are successfully achieving the anticipated 2X core performance gain in their Stratix10 FPGA and SOC designs compared to previous generation high-performance programmable devices. This breakthrough leap in FPGA core performance is a result of
In this environment, FPGAs can deliver performance advantages, in some cases orders of magnitude improvements, with significantly lower power consumption than alternative approaches. A data center with reconfigurable fabric enabled by Altera FPGAs provides greater business agility, and its complexity can be managed as it scales.
Product Category Description
New Products include the Arria 10, Stratix V, Stratix IV, Arria V, Arria II, Cyclone V, Cyclone IV, MAXV, HardCopy IV devices and Enpirion PowerSoCs.
Mainstream Products include the Stratix III, Cyclone III, MAX II and HardCopy III devices.
Mature and Other Products include the Stratix II,
Statements in this press release that are not historical are 'forward-looking statements' as the term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally written in the future tense and/or preceded by words such as 'will,' 'expects,' 'anticipates,' or other words that imply or predict a future state.
Forward-looking statements include, but are not limited to, statements regarding both absolute and relative product performance, product development schedules, customer intention to incorporate our FPGAs into equipment supporting the Bing search engine, and any projection of revenue, gross margin, expense or other financial items discussed in the Business Outlook section or elsewhere in this press release.
Investors are cautioned that all forward-looking statements in this release involve risks and uncertainty that can cause actual results to differ materially from those currently anticipated, due to a number of factors, including without limitation, current global economic conditions, customer business environment, customer inventory levels, product availability, vertical market mix, market acceptance of the company's products, the performance of products once introduced, product introduction schedules, the rate of growth of the company's new products including Cyclone V, Cyclone IV, Arria V, Arria II, Stratix V, Stratix IV FPGAs, MAX V CPLDs, HardCopy IV device families and Enpirion PowerSoCs, as well as changes in economic conditions and other risk factors discussed in documents filed by the company with the
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