Log in / Register
  • ENEPIG Corrosion Mechanisms

    ENEPIG Corrosion Mechanisms

    Different types of nickel corrosion and potential mitigation strategies.
      READ MORE...

  • The Future is Thin, Flat and Flexible

    The Future is Thin, Flat and Flexible

    What’s ahead for antennas, heaters and inks.
      READ MORE...

  • Royalty Flush

    Royalty Flush

    A noted solutions architect offers an audacious plan for AI acceptance. It just might work.
      READ MORE...

  • Rocking and Rolling at ZIW

    Rocking and Rolling at ZIW

    The annual user event was tuned into AI, but that’s not the only melody being played.
      READ MORE...

  • Can Thailand Pad its PCB Gains?

    Can Thailand Pad its PCB Gains?

    2023 saw only a handful of fabricators gain ground, but SE Asia is primed to boom.
      READ MORE...

Homepage Slideshow

Mentor Q3 Revenue to Miss Guidance

Published: 05 November 2007
 by Staff
WILSONVILLE, OR – Mentor Graphics today said third-quarter revenue would likely fall some $15 million short of previous guidance. The EDA software company expects revenues of approximately $185 million, versus guidance of $200 million.

The company cited unique circumstances brought on by several large bookings, which caused revenue to lag bookings by a quarter. The company said sales would be made up in the following quarter.

Mentor reaffirms its fiscal 2008 and 2009 outlook.

In a statement, chairman and CEO Wally Rhines said, “While we are disappointed with these results, bookings for the quarter were strong and consistent with the assumptions underlying our previous guidance.”

For 2008, the company expects revenue of approximately $860 million. Preliminary guidance for 2009 is for revenue of $920 million.

Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article