Log in / Register
  • Thermal Vias are Ineffective. Here’s Why.

    Thermal Vias are Ineffective. Here’s Why.

    Adding thermal vias can take up valuable board space with little benefit.
      READ MORE...

  • Connecting the Industry, from Boards to Assemblies

    Connecting the Industry, from Boards to Assemblies

    HDP is embarking on new rounds of evaluations of laminates and lead-free solders.
      READ MORE...

  • Exploring the Impact of AI

    Exploring the Impact of AI

    A special panel discusses the growth of AI tools and its possible effects on the industry.
      READ MORE...

  • A Journey in Rigid-Flex Design

    A Journey in Rigid-Flex Design

    Overcoming the challenges of rigid-flex designs can be incredibly rewarding.
      READ MORE...

  • Creating the Ultra Library

    Creating the Ultra Library

    Building and maintaining what's said to be the world's largest CAD database requires strong relationships.
      READ MORE...

Homepage Slideshow

Mentor Reports Loss of $9.1M in Q3

Published: 30 November 2007
 by Staff
WILSONVILLE, OR – Mentor Graphics’s third-quarter revenues were $186.3 million, with a loss of $9.1 million. Revenues for the quarter were down nearly 2.3% year-over-year.
 
Year-to-date revenues were $582.5 million, with a loss of $7 million, compared with revenue of $545.3 million, with a loss of $3.8 million, in the same period last year.
 
Bookings for the third quarter were up more than 10% year-over-year.

“Bookings were a record for any non-fourth quarter. Contract renewals among our 10 largest orders increased 50% over the corresponding prior contract,” said Walden C. Rhines, chairman and CEO.

“Unfortunately, revenue timing issues on certain key orders impacted results for the quarter,” he added.

Compared to the same quarter last year, scalable verification bookings were up 25%; new and emerging bookings were up 35%; integrated systems design bookings were flat, and IC design to silicon bookings were down 5%.

Year-over-year bookings for Pacific Rim were up 35%; for North America, up 25%; for Japan, up 5%, and for Europe, bookings were down 15%, says Mentor.

For fiscal 2008, the company expects revenue of $860 million. Preliminary guidance for fiscal 2009 is for revenues of $920 million.
Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article