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Analysis of Mentor Graphics 2Q2010 Results

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August 24, 2009
Mentor Graphics Corporation yesterday announced results for the fiscal second quarter 2010, ending July 31, 2009. For the quarter, the company reported revenues of $182.6 million, non-GAAP earnings per share of $.02, and a GAAP loss per share of $.22. Bookings for the quarter rose 15% over the prior fiscal second quarter. For the third quarter fiscal 2010, the company expects revenue of about $183 million, non-GAAP earnings per share of about $.01 and a GAAP loss per share of about $.19.

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