WILSONVILLE, OR ― Mentor Graphics Corp. announced first quarter fiscal 2009 revenue of $179.2 million.

“In a difficult environment, the company performed as we forecast,” said Walden C. Rhines, company CEO.

“During the quarter, we extended our cost management efforts,” said Gregory K. Hinckley, company president. “Looking forward, we continue to see a strong second half driven by renewals.”

The company has reported that for fiscal year 2009, the company expects revenue of approximately $915 million.  For the fiscal second quarter, the company expects revenue of about $173 million.