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Mentor Reports Record Q4 Sales

Published: 27 February 2015
 by Mike Buetow

WILSONVILLE, OR — Mentor Graphics tonight reported fourth-quarter revenues of $439.1 million, up from $401 million a year ago.

Net income was $133.9 million, up from $105.1 million a year ago. 

Full fiscal year revenues were $1.244 billion, with net income $145.2 million, down from $153.6 million a year ago. 

"Mentor Graphics set all-time records for the fourth quarter and full-year fiscal 2015,” said Walden C. Rhines, chairman and CEO of Mentor Graphics. “Fourth-quarter results were driven primarily by Asian foundries and their customers adopting Design-to-Silicon solutions for 14nm and 10nm nodes and by the automotive sector’s continued demand for embedded software and electrical design products.

Mentor guided for first-quarter revenues of about $260 million. 

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