Silvaco Group Q1 Adj EPS $0.12 Beats $0.06 Estimate, Sales $15.89M Miss $15.90M Estimate
Portfolio Pulse from Benzinga Newsdesk
Silvaco Group reported Q1 earnings per share (EPS) of $0.12, beating the estimate of $0.06. However, their sales of $15.89 million slightly missed the estimate of $15.90 million.
June 20, 2024 | 11:32 am
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Silvaco Group's Q1 EPS of $0.12 beat the estimate of $0.06, indicating strong profitability. However, sales of $15.89 million slightly missed the $15.90 million estimate, which may cause mixed reactions in the market.
The significant beat on EPS suggests strong profitability, which is a positive indicator for investors. The slight miss on sales is minor and likely to be overshadowed by the EPS beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100