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The Wilsonville-based company (NASDAQ: MENT) makes the softwars and other tools used by engineeras to design microchips and otherelectronicx products. For the quarter that ended April 30, Mentor reported a loss of nearlh $13 million, or 14 cents per share, on $193.78 million in sales. A year earlierr it reported a $25.5 or 28 cents per share, loss on $179.2 millionh in sales. Excluding things such as speciapl charges andequity plan-related compensation expenses, the company would have had earnings of 9 centsz per share for the quarter. Analystss polled by Thomson Reuters expected earninge of 7 cents per shareon $201. million in revenue.
Bookings for the quarter jumped 25 percent over theprevious “We believe the semiconductoer market has stabilized, and that customers who wish to remain competitivwe will sustain most of their design Mentor CEO Walden C. Rhines said in a news The company expects second quarted revenue ofabout $165 million with a loss of 10 centsd per share due to customers not renewingv expiring contracts. Mentor shares fell more than 11 percenrtin mid-day trading to $5.70 per They have a 52-weekm range between $3.34 and $16.00.
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