WILSONVILLE, OR -- Mentor Graphics last night said it expects to meet or exceed its outlook for the fiscal fourth quarter and full fiscal year 2011.
The electronic design automation systems developer guided for fourth-quarter revenue of $293 million. That would be a big bounce from a year ago, when the software company reported revenues of $237.1 million.
For full year 2011, the company expects revenue of $900 million.
The company will release its financial results on Feb. 24