Silvaco Reports Fourth Quarter and Full Year 2024 Financial Results
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Silvaco Group, Inc. reported record gross bookings of $65.8 million and revenue of $59.7 million for the full year 2024. The company signed 46 new customers and expanded its product portfolio by acquiring Cadence's Process Proximity Compensation Product Line.
March 05, 2025 | 9:15 pm
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Silvaco Group, Inc. achieved record financial results for 2024 with $65.8 million in bookings and $59.7 million in revenue. The company expanded its customer base and product offerings, including acquiring Cadence's Process Proximity Compensation Product Line.
The record financial performance and strategic acquisition indicate strong growth potential for Silvaco. The expansion of its customer base and product portfolio suggests positive future prospects, likely boosting investor confidence and short-term stock price.
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