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Silvaco Group Expects Q2 Revenue Of $14.3M-$15.0M Vs $13.82M Est, Gross Bookings Of $17.0M-$18.5M

Author: Benzinga Newsdesk | June 20, 2024 07:36am

Based on current business trends and conditions, the Company expects for second quarter 2024 the following:

  • Revenue in the range of $14.3 million to $15.0 million, which would represent a 14% to 20% increase from the second quarter of 2023.
  • Gross bookings in the range of $17.0 million to $18.5 million, which would represent a 18% to 29% increase from the second quarter of 2023.
  • Non-GAAP gross margin to be in the range of 85% to 87%.
  • Non-GAAP operating income in the range of $0.5 million to $1.5 million, which would represent a 62% to 185% increase from the second quarter of 2023.

Posted In: SVCO


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