For the first quarter of fiscal 2017, the company expects revenues of about $220 million, a non-GAAP earnings per share of break-even and a GAAP loss per share of approximately $0.12. For the full year fiscal 2017, the company expects revenues of about $1.215 billion, non-GAAP earnings per share of about $1.68, and GAAP earnings per share of approximately $1.22. Cash flow from operations in fiscal 2017 is expected to be approximately $200 million.
Dividend
The company announced a quarterly dividend of $0.055 per share. The dividend is payable on March 31, 2016 to shareholders of record at the close of business on March 10, 2016.
About Mentor Graphics
Mentor Graphics Corporation is a world leader in electronic hardware and software design solutions, providing products, consulting services and award-winning support for the world’s most successful electronic, semiconductor and systems companies. Established in 1981, the company reported revenues in the last fiscal year of approximately $1.18 billion. Corporate headquarters are located at 8005 S.W. Boeckman Road, Wilsonville, Oregon 97070-7777.
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