EDA Earnings Recap

Quarterly financial results are in for the major EDA vendors. This was Magma's turn to disappoint, causing the share price to drop almost 30%. Mentor Graphics stock has performed the best, closely followed by Synopsys. Links to results are below.

• Cadence Languishes On - Sramana Mitra on Strategy
• Magma Design fiscal 1st-qtr outlook disappoints investors.
• Synopsys Posts Financial Results for Second Quarter Fiscal Year 2008. Higher (non-GAAP) earnings.
• Mentor Graphics Reports Fiscal First Quarter Results. Quarterly loss. "Difficult environment". Cost/headcount controls. More importantly, projecting "a strong second half".