QUOTE AND NEWS
Business Wire  Oct 28  Comment 
Magma® Design Automation Inc. (NASDAQ:LAVA), a provider of chip design software, today announced it is returning to the TechAmerica AeA Classic Financial Conference, the company’s first appearance there since 2007. President Roy E. Jewell and
StreetInsider.com  Oct 19  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Magma+Design+%28LAVA%29+Renews+Credit+Line+With+More+Favorable+Terms/5027506.html for the full story.
StreetInsider.com  Sep 18  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Upgrades/Canaccord+Adams+Upgrades+Magma+Design+%28LAVA%29+to+Buy+/4954973.html for the full story.
newratings.com  Sep 18  Comment 
EE Times  Sep 15  Comment 
EDA vendor Magma Design Automation said it's in a better financial position after a majority of bondholders took advantage of the company's offer to exchange convertible senior notes due in 2010 for others due in 2014 that pay a higher interest rate.
EE Times  Aug 31  Comment 
Magma Design Automation posted a loss in accordance with generally accepted accounting principles of $4.3 million on revenue of $28.8 million for the first quarter of its fiscal 2010, the company reported last week. Sponsored...
StreetInsider.com  Aug 27  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/Magma+Design+%28LAVA%29+Tops+Q1+EPS+by+2c%3B+Issues+Mixed+Guidance/4906435.html for the full story.
EE Times  Aug 6  Comment 
EDA vendor Magma Design Automation said it expects to exceed previously published guidance for the quarter ended Aug. 2.
Reuters  Jul 27  Comment 
Magma Design Automation Inc , a maker of electronic design automation software, said its audited financial statements for the fiscal year ended May 3 contained a going-concern qualification from its independent accounting firm, Grant Thornton LLP.
New York Times  May 4  Comment 
Last October, NASA’s Messenger spacecraft beamed back a view of the second-largest crater on Mercury, as wide as the distance from Boston to Washington.
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TOP CONTRIBUTORS
LAVA AT A GLANCE
P/E -0.339 
EV/EBITDA -11.1 
ROA -148.3%VERY LOW
ROE -921.2%VERY LOW
Debt to Equity -9.11 
Current Ratio 0.700VERY LOW
Interest Coverage Ratio -13.2AVG
 
 
 
 
 
 
 
 


Magma Design Automation develops software for electronic design automation (EDA), enabling integrated circuit designers to meet critical time-to-market objectives, improve chip performance and handle multimillion-gate designs. With headquarters in Silicon Valley and a global network of sales & support personnel, Magma customers include leading semiconductor companies around the world.[1]

Business Overview

Magma Design Automation provides electronic design automation (EDA) software that enables chip designers to meet critical time-to-market objectives, improve chip performance and handle multimillion-gate designs. Magma’s complete RTL-to-GDSII design flows include design planning, prototyping, synthesis, test, place & route, signal and power integrity chip design capabilities in a single executable. Magma’s software also includes products for custom/mixed-signal designs, physical verification, capacitance extraction; circuit simulation; characterization and modeling; and CAD navigation.

Business and Financial Metrics

The companies fiscal year ends beginning of April (different dates each year). The company is reporting according to the US GAAP standard. Reporting currency is USD.[2]

Business Segments

Key Trends and Forces

Time To Market For Electronics Products

EDA is an important enabler to support fast product development cycles in the electronics industry. Chips with high functionality, multiple operating modes, low power consumption and extreme reliability—are pushing the manufacturing process to the limit. Requirements for enhancement of the EDA tools are growing with a similar speed as the improvements of the customers electronic products.

Market Cycles

The current downturn is impacting investment decisions on new product programs in the customer industry and is creating pressure on profit margins and revenues. It may also impact the structure of the electronics industry regarding market shares, geographical distribution, and size of the companies.

Competition

Main competitors are Cadence Design Systems (CDNS), Mentor Graphics (MENT), and Synopsys (SNPS). ANSYS (ANSS) which is a leading engineering software supplier aquired Ansoft (ANST) a developer of EDA software in July 2008.



References

  1. Magma Design Automation Webpage
  2. IDEA Company Search - Annual Reports / Form 10-K for LAVA
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