CIMdata PLM Industry Summary Online Archive
9 January 2007
Financial News
Mentor Graphics Reports Preliminary 2006 Results Fourth Quarter Revenue and Bookings Hit Records
In anticipation of a presentation today at the Ninth Annual Needham & Co. Growth Conference, Mentor Graphics Corporation announced preliminary fourth quarter 2006 results. Fourth quarter 2006 bookings and revenues will achieve record levels. Revenues will be in excess of $240 million, exceeding the Thomson First Call consensus estimate of $231 million. The company expects to exceed its previous fourth quarter profit guidance.
Three of four product categories set new annual revenue and bookings records, and three product categories also set quarterly revenue and bookings records. The Scalable Verification and New and Emerging categories showed particular strength in both bookings and revenue.
Fourth quarter book-to-bill reached near record levels.
The company emphasized that the foregoing results are preliminary and are subject to adjustments upon final closing of financial results and completion of the annual audit by independent accountants. Mentor Graphics will release fourth quarter and full year 2006 results after the close of the market on Thursday, February 1, 2007.
Become a member of the CIMdata PLM Community to receive your daily PLM news and much more.
Tell us what you think of the CIMdata Newsletter. Send your feedback.
CIMdata is committed to your privacy. Your personal information will never be sold or shared outside of CIMdata without your express permission.