Corporate layoffs are always a touchy subject. I think that’s because there is skepticism that one round of layoffs can turn into two, then if business still doesn’t improve the spiral accelerates into more rounds. Too many rounds indicate management didn’t really have a clue what was going on in the business, instead trying to … Read More
So it was Mentor’s turn yesterday after Synopsys on Wednesday. And yes, it really is the end of their second quarter. They produced some very good results. As Wally opened:The second quarter of fiscal 2016 was one of record for Q2. We substantially exceed our own expectations was revenue of $281.1 million and non-GAAP earnings… Read More
Synopsys had their earnings announcement and call last week. They were good. In Aart’s own words:I’m happy to report that our second quarter results were very strong and solidify our outlook for the full year. We delivered revenue of $557 million, non-GAAP earnings per share of $0.68 and $155 million in operation cash flow.… Read More
Yesterday Mentor announced their quarterly results. Since their financial year is not aligned with the calendar year, this was also the end of their fiscal 2015. The quarter was an all-time record with revenues of $439M and (non-GAAP) EPS of $1.09. The year was also an all-time record with revenues of $1.24B and EPS of $1.77. Half… Read More
Synopsys announced their results yesterday. Their 2014 already ended, this is the end of their fiscal first quarter. On the call were Aart, one of Synopsys’s two co-CEOs, the other being Chi-Foon Chan; and Trac Pham, the new CFO on his first earnings call.
Synopsys’s results were good. A quick look at the results. Revenue was $542M… Read More
Last weekend I wrote about the Applied Materials earnings call. And over the last couple of years I’ve written about lots of other earnings calls. Most people have never been on an earnings call, I mean in the conference room where the call is being conducted, not just listening. So I thought it might be interesting to describe how … Read More
Synopsys announced their earnings a couple of days ago. This is actually also the end of their fiscal year. They had quarterly earnings of $539M meaning that they did just over $2B for the year. Their guidance for fiscal 2015 is revenue between $2.185B to $2.225B. They said that about 80% of that revenue is already in backlog.
But it… Read More
The “old saw” is “To Sell in May and Go Away.” It’s a Maxim that particularly applies to semiconductor stocks as they typically drop from a post April earnings peak through the summer doldrums to a late September nadir only to be revived in the prelude of October earnings. It has happened again this year, although the path taken by the… Read More