secwatch.observer — SEC 8-K summary
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Issuer:     Silvaco Group, Inc. (SVCO)
CIK:        0001943289
Form:       8-K
Filed at:   2024-06-20T23:59:59+00:00
Accession:  0001628280-24-029004
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Silvaco Q1 rev $15.9M (+11% YoY), net income $1.4M; raises FY2024 outlook
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- GAAP revenue $15.9M (+11% YoY); GAAP net income $1.4M ($0.07 diluted EPS).
- Non-GAAP net income $2.4M, diluted EPS $0.12; gross margin 88% (GAAP & non-GAAP).
- TCAD rev $10.6M (+21% YoY); EDA $4.7M (+13%); SIP $0.6M (-57%) due to NXP lapse.
- Q2 2024 rev guidance $14.3M-$15.0M (+14-20% YoY); FY2024 rev $63-66M (+16-22%).
- IPO in May raised ~$106M net; unaudited cash $104.2M as of May 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1943289/000162828024029004/0001628280-24-029004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1943289/000162828024029004/svco-20240620.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-029004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer