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Silvaco Group (NASDAQ:SVCO) Issues Earnings Results
Silvaco Group (NASDAQ:SVCO) reported Q1 earnings, beating analyst estimates with an adjusted EPS of ($0.02) against expectations of ($0.05), and revenue of $17.76 million compared to the $17.04 million consensus. The company anticipates a return to non-GAAP operating profitability in Q2, projecting roughly $18 million in revenue. Growth in FTCO (AI-driven manufacturing), TCAD, and IP segments is helping to offset weakness in EDA, with management expecting EDA to stabilize and return to growth.