Rochester,NY 8/29/2009 1:55:00 AM
News / Business

Mentor Graphics Corp MENT, Mentor Graphics Posts 2Q Results

Mentor Graphics announced results for the fiscal second quarter 2010, ending July 31.

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 percent 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.

Mentor Graphics is a provider of electronic hardware and software design solutions, providing products, consulting services and support to electronics and semiconductor companies.

About Stock Einstein

StockEinstein uses proprietary technologies coupled with years of experience to uncover stocks we feel have the greatest potential for breakout performance.  We utilize not only software, but time tested criteria to uncover these potential winners.  When these benchmarks are reached or exceeded, our subscribers are immediately notified.

This service is free and available only to subscribers.  Scroll to the bottom of this page to signup for free stock alerts and visit our site.

Disclaimer: Full disclaimer at http://StockEinsteain.com/disclaimer.php

IMPORTANT: Never invest in any stock featured in any press release, email or website unless you can afford the loss of your entire investment.  Stocks and particularly penny stocks have the possibility for dramatic gains, and also losses.  Neither StockEinsteain, nor any of its affiliates are registered investment advisors or broker dealers.