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Mentor Graphics Jumps on Outlook

 

Mentor Graphics(MENT Quote) shares surged Wednesday after the company said it had record revenue and bookings in its fourth quarter.

Recently shares were up $2.20, or 14%, to $17.92.

The Wilsonville, Ore.-based software and hardware manufacturer said revenue topped its $190 million forecast, but held to its earnings guidance of 30 cents a share, excluding items. ...

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