Mentor Graphics (MENT) Tops Q1 EPS by 10c, Offers Q2 & FY Guidance

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Go back to Mentor Graphics (MENT) Tops Q1 EPS by 10c, Offers Q2 & FY Guidance

Mentor Graphics Reports Fiscal First Quarter Results and Announces Quarterly Dividend

May 22, 2015 7:45 AM EDT

WILSONVILLE, Ore.--(BUSINESS WIRE)-- Mentor Graphics Corporation (NASDAQ: MENT) today announced financial results for the companys fiscal first quarter ended April 30, 2015. The company reported revenues of $272.1 million, non-GAAP earnings per share of $0.28, and a GAAP loss per share of $0.08.

The first quarter was strong for Mentor Graphics, substantially exceeding financial guidance, said Walden C. Rhines, chairman and CEO. In addition to more than 50% bookings growth in three of our four product categories, our automotive business was very strong, driven by a major win with a leading automotive OEM. We also initiated a... More