Mentor Graphics (MENT) Tops Q3 EPS by 9c
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Mentor Graphics Reports Fiscal Third Quarter Results
November 22, 2016 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, 2016. The company reported revenues of $322.5 million, GAAP earnings per share of $0.37 and non-GAAP earnings per share of $0.50.
Fiscal Third Quarter Performance
Book to bill was a record for a third quarter and solidly above 1.0 for the second consecutive quarter. Annualized fee growth for top 10 renewals was 60 percent overall with fees from systems customers growing over 160 percent and those from integrated circuit (IC) customers growing 35... More