Silvaco Group Inc reports results for the quarter - Earnings Summary

Silvaco

13/11/2024 14:24

* Silvaco Group Inc  SVCO.OQ  reported a quarterly adjusted
loss
of 6 cents​​ per share for the quarter .  The mean expectation
of six analysts for the quarter was for a loss of 6 cents per
share. Wall Street expected results to range from -11 cents
to -4 cents per share.
    * Revenue was $10.97 million​; analysts expected $11.00
million. 
    * Silvaco Group Inc's reported EPS for the quarter was a
loss
of 23 cents​.
    * The company reported a quarterly loss of $6.55 million.
    * Silvaco Group Inc shares had fallen by 51.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 172.9% in the last three months.​ 
    * In the last 30 days, six analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Silvaco Group Inc
is $17.50 
This summary was machine generated from LSEG data November 13 at
02:24 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.06          -0.06          Met
 Jun. 30 2024      0.02           0.07           Beat
 Mar. 31 2024      0.06           0.12           Beat