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Silvaco Group, Inc. (SVCO)
NASDAQ:SVCO
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Earnings Data
Report Date
Mar 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.15Last Year’s EPS
-0.06Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Aug 07, 2024
|% Change Since: 19.77%
|Next Earnings Date:Jun 20, 2024
Earnings Call Sentiment|Neutral
While Silvaco achieved several strategic milestones, including strong customer traction, key partnerships, and record future revenue expectations, the company faced challenges with a decline in Q3 revenue, significant order delays from China, and increased operating expenses resulting in a net loss for the quarter.Company Guidance
During Silvaco's Q3 2024 earnings call, the company provided guidance indicating strong growth expectations for the fourth quarter and the full year. They anticipate gross bookings in the range of $64 million to $67 million for the year, representing a 10% to 15% increase from 2023. Revenue is expected to reach between $60 million and $63 million, marking a 10% to 16% year-over-year growth. For Q4, they project bookings between $18.5 million and $21.5 million, and revenue from $18.1 million to $21.2 million, which would set a new record for quarterly revenue. Silvaco also expects to maintain non-GAAP gross margins between 85% and 87% for the year. The company remains committed to achieving long-term financial targets of 15% to 25% top-line growth, 90% non-GAAP gross margin, and 25% plus non-GAAP operating margin through market expansion and strategic acquisitions.Strong Customer Traction
Signed 14 new customers in Q3, bringing the year-to-date new customer wins to 33. Strong demand in power, automotive, and IoT markets.
Strategic Partnerships and Collaborations
Announced partnerships with Purdue, Stanford, and Arizona State University to address talent shortages and enhance research.
Inclusion in Russell Indices
Silvaco was added to the Russell 2000, Russell 3000, and Russell Microcap indices, increasing visibility and shareholder base.
ISO 9001 Certification
Achieved ISO 9001 certification for TCAD, ADA, and NIP products in October, enhancing credibility and quality assurance.
Record Quarterly Revenue Expected in Q4
Guidance for Q4 revenue is $18.1 million to $21.2 million, which would be a record for the company.
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SVCO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SVCO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $6.93 | $7.56 | +9.09% |
| Aug 07, 2024 | $15.30 | $15.21 | -0.59% |
| Jun 20, 2024 | $17.61 | $17.53 | -0.45% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Silvaco Group, Inc. (SVCO) report earnings?
Silvaco Group, Inc. (SVCO) is schdueled to report earning on Mar 05, 2025, TBA Not Confirmed.
What is Silvaco Group, Inc. (SVCO) earnings time?
Silvaco Group, Inc. (SVCO) earnings time is at Mar 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SVCO EPS forecast?
SVCO EPS forecast for the fiscal quarter 2024 (Q4) is 0.15.
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