Altera Corp. (ALTR) reported fourth quarter net income of $111.1 million or $0.36 per share, compared to $98.9 million or $0.31 per per share for the year-ago quarter.
Fourth quarter sales rose 6% to $479.87 million from $454.37 million a year ago.
Analysts polled by Thomson Reuters expected the company to earn $0.35 per share on revenue of $480.48 million for the fourth quarter.
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