Mentor Graphics (MENT) Misses Q3 EPS by 1c; Issues Light Q4, FY16 Outlook
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Mentor Graphics Reports Fiscal Third Quarter Results
November 19, 2015 4:10 PM ESTWILSONVILLE, Ore.--(BUSINESS WIRE)-- Mentor Graphics Corporation (NASDAQ: MENT) today announced financial results for the companys fiscal third quarter ended October 31, 2015. The company reported revenues of $291 million, non-GAAP earnings per share of $0.28, and GAAP earnings per share of $0.12.
Mentor achieved third-quarter guided results, said Walden C. Rhines, chairman and CEO of Mentor Graphics. Active evaluations of Mentors Veloce emulator increased in the third quarter, but the time required for completion of evaluations also increased. This, along with semiconductor industry consolidations, is having a negative impact on our business. However, demand for EDA... More
Marta Rencz Receives ASME Allan Kraus Thermal Management Medal
November 18, 2015 9:05 AM ESTWILSONVILLE, Ore., Nov. 18, 2015 /PRNewswire/ -- Mentor Graphics Corporation (NASDAQ: MENT) today announced that Dr. Marta Rencz, the MicReD® product line research and development director for the company's Mechanical Analysis Division, has received the Allan Kraus Thermal Management Medal. Established in 2009 by the American Society of Mechanical Engineers (ASME), the award recognizes individuals who have demonstrated outstanding achievement in electronic systems thermal management and commitment to the field of thermal science and engineering.... More
