Cimdata Logo

Industry Summary Articles

Sunday, August 21, 2016

Mentor Graphics Reports Fiscal Second Quarter Results

Mentor Graphics Corporation today announced financial results for the company’s fiscal second quarter ended July 31, 2016. The company reported revenues of $254 million, GAAP earnings per share of $0.03 and nonGAAP earnings per share of $0.15.

“Mentor’s second quarter results exceeded revenue and earnings-per-share guidance,” said Walden C. Rhines, chairman and CEO of Mentor Graphics. “Emulation was strong this quarter, as we did business with more than 20 customers including four new logos, and reinforced our lead in networking applications. In addition, automotive products had another strong bookings quarter.”

During the quarter the company launched the MicReD®Power Tester 600A product, which tests thermal reliability of power electronics devices in electric and hybrid vehicles. Mentor also announced a PADS® software-based platform which enables individual engineers and small teams to develop PCB-based systems from concept through manufacturing hand-off. The company also introduced the Tanner™ Calibre® One IC verification suite, now providing access to the Calibre® verification tools for Tanner EDA’s user base.

During the quarter Mentor announced that Barefoot Networks, a pioneer in high-performance 1 of 14 network switches, used the Veloce® emulation platform to verify Barefoot’s fast and fully programmable switch. In automotive news, Lear Corporation deployed Capital® software to address design complexity issues and reduce development times.

“System company renewals were strong in the second quarter, partly offsetting merger and acquisition-related weakness in the semiconductor industry, and we have a large portfolio of system company renewals in the coming quarters,” said Gregory K. Hinckley, president of Mentor Graphics. “Operationally, we continue to maintain rigorous attention to expense control.”

To view the original press release, please click here.

Search for Mentor Graphics on CIMdata.com

r
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

This report presents CIMdata’s overview of the worldwide CAM software and services market. It also includes a discussion on the trends in the CAM industry and updates on the top CAM solution providers.