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Mentor Reports Record Fiscal Q3 Revenue

Published: 29 November 2012
 by Staff

WILSONVILLE, OR – Mentor Graphics reported record revenue of $268.8 million for its fiscal third quarter ended Oct. 31, up 7.3% year-over-year.

Net income was $32.1 million, up 33.2% compared to the same quarter last year.

During the quarter, the company announced a new design rule checking HyperLynx product.

For the first nine months of fiscal 2013, revenue was $$757.5 million, an increase of 9.1% year-over-year. Net income was $77.2 million, up 196% compared to the prior year.

The company reaffirmed its full-year revenue guidance of $1.1 billion.

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