Mountain View, CA--May 14, 1996--Silicon Valley Research (Mountain View, CA) reported that for the quarter ended March 31, 1996, its revenues increased 33 percent to $3,006,000 compared to $2,262,000 for the previous year's comparable period. Net income for the current quarter was $285,000 compared to $46,000 for the prior year. Earnings per share for the fourth quarter was $.03 compared to $.01.
For the year ended March 31, 1996, its revenues increased 33 percent to $10,947,000 compared to $8,251,000 for the previous year. Net income for the current year was $569,000 compared to $211,000 for the prior year. Earnings per share for the current year were $0.05 compared to $0.03 the prior year.
Silicon Valley Research offers a broad line of integrated placement, routing, and floorplanning physical layout software products which enable electronics manufacturers to achieve improved semiconductor performance and smaller chip size in their integrated circuit designs. Silicon Valley Research's common stock is traded on the Nasdaq National Market under the symbol SVRI.
Silicon Valley Research Inc.
300 Ferguson Drive, Ste. 300
Mountain View, CA 94043
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