WILSONVILLE, OR– Mentor Graphics reported second-quarter revenue of $182.4 million, with a GAAP loss of $.19 per share, and a non-GAAP loss of $.02 per share.
The company credits the performance on its innovative product portfolio that meets new process nodes.
Mentor acquired Flomerics and the majority of assets of Ponte Solutions during the quarter. The company also revealed its sub-45nm integrated circuit (IC) implementation strategy, as well as a new version of its CHS software.
“Customer adoption of leading-edge physical place and route technology at 45nm is accelerating and is rapidly expanding Mentor’s base of Olympus-SoC users,” explains Walden C. Rhines, chairman and CEO.