CIMdata PLM Industry Summary Online Archive
27 April 2005
Financial News
Mentor Graphics Updates 2005 Outlook
Mentor Graphics Corporation updated 2005 guidance. While weakness experienced in the first quarter is expected to continue through the second quarter of 2005, the company anticipates the second half of 2005 will remain at previously guided revenues and earnings, based on a healthy number of contract renewals due in the fourth quarter.
For the second quarter, revenues are expected to be approximately $155 million with pro forma earnings per share ranging between a loss of $.10 and break-even, with a GAAP loss of between $.14 and $.04 per share. In the third quarter, revenues are expected to be approximately $180 million and pro forma earnings per share of approximately $.10, with GAAP earnings per share of about $.06. For the fourth quarter, revenues should be approximately $226 million with pro forma earnings per share of about $.54 and GAAP earnings per share of about $.49.
For the full year 2005, we expect revenues of about $725 million, a 2% growth from 2004. Pro forma earnings are anticipated to range between $.55 and $.65. GAAP earnings per share are expected to range between $.36 and $.46.
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