Magma Reports Record Revenue and Pro Forma Profits for Fourth Quarter of Fiscal Year 2002

4/24/2002 - Magma Design Automation, Inc., (Nasdaq: LAVA), a provider of chip design solutions, today reported it achieved two financial milestones - record revenue and record pro forma profitability - in the fourth quarter of its fiscal year 2002, which ended March 31, 2002.

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