Silvaco Group Inc reports results for the quarter ended June 30 - Earnings Summary

• Silvaco Group Inc SVCO.OQ reported a quarterly adjusted loss of 16 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of six analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -10 cents to -7 cents per share.

• Revenue fell 51.8% to $7.22 million from a year ago; analysts expected $14.24 million.

• Silvaco Group Inc's reported EPS for the quarter was a loss of 32 cents​.

• The company reported a quarterly loss of $9.41 million.

• Silvaco Group Inc shares had risen by 10.0% this quarter and lost 35.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 32.9% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

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 $10.00, about 51.3% above its last closing price of $4.87

This summary was machine generated from LSEG data August 7 at 01:33 a.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)