Mentor Graphics (MENT) Tops Q4 EPS by 16c; Issues Mixed Guidance

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Mentor Graphics Reports Fiscal Fourth Quarter Results

March 3, 2016 4:06 PM EST

WILSONVILLE, Ore.--(BUSINESS WIRE)-- Mentor Graphics Corporation (NASDAQ: MENT) today announced financial results for the companys fiscal fourth quarter ended January 31, 2016. The company reported revenues of $337.3 million, non-GAAP earnings per share of $0.63, and GAAP earnings per share of $0.51. For the full fiscal year, revenues were $1.181 billion, non-GAAP earnings per share were $1.55 and GAAP earnings per share were $0.81.

Mentor achieved revised fourth quarter and full year revenue guidance and exceeded earnings per share guidance, said Walden C. Rhines, chairman and CEO of Mentor Graphics. Fiscal 2016 was our most challenging year since the financial crisis of... More