Silvaco Group (SVCO) Shares Crash After Disclosing Delayed Orders And Updating FY 2024 Outlook - Hagens Berman
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Silvaco Group (SVCO) shares plummeted after the company disclosed delayed orders and a poor FY 2024 outlook, leading to a significant revenue decline.
January 08, 2025 | 2:00 pm
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Silvaco Group's shares dropped significantly following the announcement of delayed orders from China and a reduced FY 2024 outlook, resulting in a substantial revenue decline.
The news of delayed orders and a reduced FY 2024 outlook directly impacts Silvaco Group's financial performance, leading to a significant drop in share price. The company's revenue decline and poor outlook are critical factors for investors.
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