Mentor Graphics Reports Fiscal First Quarter Results

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Mentor Graphics (MENT) Tops Q1 EPS by 2c; Guides Q2 Above the Street

May 19, 2016 4:14 PM EDT

Mentor Graphics (NASDAQ: MENT) reported Q1 EPS of $0.02, $0.02 better than the analyst estimate of $0.00. Revenue for the quarter came in at $227.64 million versus the consensus estimate of $219.83 million.

Mentor modestly exceeded guidance for first quarter, although weakness in semiconductor-related activity continued, said... More