Mentor Graphics Corp.'s (MENT) first-quarter net income attributable to its shareholders amounted to $28.18 million or $0.25 per share, as against a loss of $2.35 million or $0.02 per share a year before. However, on a non-GAAP basis, adjusted earnings per share were $0.30, higher than last year's $0.20.
The company reported quarterly revenues of $247.92 million, compared with $230.03 million in the previous year.
On average, 6 analysts polled by Thomson Reuters expected earnings per share of $0.25 on revenue of $254.95 million for the quarter. Analysts' estimates typically exclude one-time items.
For the second quarter, Mentor Graphics expects revenues of about $240 million, non-GAAP earnings per share of $0.17, and GAAP earnings per share of $0.10. Analysts anticipate second-quarter earnings of $0.17 per share and revenue of $240.33 million.
For fiscal 2013, the company confirmed that it expects revenues of about $1.1 billion, and raises outlook for non-GAAP earnings per share by $0.05 to $1.37, and GAAP earnings per share by $0.07 to $1.20. Previously, full-year earnings per share, excluding special items, were estimated to be about $1.32. Six analysts project earnings per share of $1.33 and $1.10 billion revenue for fiscal 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.