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Mentor Graphics Corp Reaffirms FY 2014 Guidance; Issues Q4 2014 Guidance; EPS Guidance Below Analysts' Estimates; Announces Dividend


Thursday, 21 Nov 2013 04:10pm EST 

Mentor Graphics Corp announced that for the fourth quarter of fiscal 2014, it expects revenues of about $400 million, non-GAAP earnings per share of about $0.90, and GAAP earnings per share that are approximately $0.85. For fiscal 2014, it is maintaining revenue expectations of approximately $1.155 billion and non-GAAP earnings per share of about $1.59. Fiscal year 2014 GAAP earnings per share are expected to be approximately $1.26. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $1.158 billion and EPS of $1.59 for fiscal 2014; revenue of $418 million and EPS of $1.04 for the fourth quarter of 2014. The Company also announced a quarterly dividend of $0.045 per share on outstanding common stock. The dividend is payable on January 2, 2014 to shareholders of record as of the close of business on December 10, 2013. 

Company Quote

21.78
-0.3 -1.36%
19 Dec 2014