Altera Corp. Is Heading Higher Following Q4 Report

Altera Corp. (ALTR) reported fourth quarter EPS of $0.34 after the bell Tuesday, up from $0.28 in the prior year period. The consensus estimate was for EPS of $0.29. The stock is now up 0.82 on 382K shares.

Altera Corp. gapped down at the open Tuesday, but was range-bound for the majority of the session. The stock finished down by 0.14 at $21.19 on above average volume. Altera closed at nearly a 2-month low.

by RTTNews Staff Writer

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