Silvaco Group Q2 2024 Adj. EPS $0.07 Beats $0.02 Estimate, Sales $14.960M Beat $14.640M Estimate
Portfolio Pulse from Benzinga Newsdesk
Silvaco Group (NASDAQ:SVCO) reported Q2 2024 adjusted EPS of $0.07, beating the $0.02 estimate by 250%. Quarterly sales were $14.960M, surpassing the $14.640M estimate and marking a 19.44% increase from the same period last year.
August 07, 2024 | 9:13 pm
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Silvaco Group (NASDAQ:SVCO) reported strong Q2 2024 results with EPS of $0.07 beating estimates by 250% and sales of $14.960M exceeding expectations. Sales increased by 19.44% YoY.
The significant beat on both EPS and sales estimates, along with a notable year-over-year sales increase, is likely to positively impact SVCO's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100