Silvaco Reports Second Quarter 2024 Financial Results
Silvaco Group, Inc. (SVCO)
Company Research
Source: GlobeNewswire
Quarterly revenue of $15.0 million, up 19% year-over-year at the high end of guidance Quarterly bookings of $19.5 million, up 36% year-over-year exceeding guidance SANTA CLARA, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (Nasdaq: SVCO, “Silvaco” or the “Company”), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced its second quarter 2024 results. “I am thrilled to announce that Silvaco reported strong financial results for its first quarter as a public company,” said Babak Taheri, Silvaco’s Chief Executive Officer. Dr. Taheri continued, “Our revenue came in at the high end of our guidance, driven by strong demand for our products across various sectors. We believe this momentum will continue into the second half of the year. Moreover, we are seeing growing customer interest in our digital twin product, which is a good sign for our future growth.” Com
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SVCO
News
- Silvaco Expands its Victory TCAD and Digital Twin Modeling Platform to Planar CMOS, FinFET and Advanced CMOS TechnologiesGlobeNewswire
- Silvaco Group, Inc. (NASDAQ: SVCO) had its "buy" rating re-affirmed by analysts at B. Riley. They now have a $26.00 price target on the stock.MarketBeat
- Silvaco Group, Inc. (NASDAQ: SVCO) had its "buy" rating re-affirmed by analysts at Rosenblatt Securities. They now have a $26.00 price target on the stock.MarketBeat
- Silvaco Announces Expected Addition to Three US Russell IndexesGlobeNewswire
- Silvaco Reports Second Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
SVCO
Earnings
- 8/7/24 - Beat
SVCO
Sec Filings
- 8/19/24 - Form 8-K
- 8/7/24 - Form 10-Q
- 8/7/24 - Form 8-K
- SVCO's page on the SEC website