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SILVACO ALERT: Bragar Eagel & Squire, P.C. is Investigating Silvaco Group, Inc. on Behalf of Silvaco Stockholders and Encourages Investors to Contact the Firm
SVCOSilvaco Group, Inc.(SVCO) GlobeNewswire News Room·2025-01-04 02:00

Core Insights - Bragar Eagel & Squire, P.C. is investigating potential claims against Silvaco Group, Inc. for possible violations of federal securities laws and unlawful business practices [1] - Silvaco conducted its IPO on May 8, 2024, offering 6 million shares at 19.00each[2]−OnOctober15,2024,Silvacoreviseditsrevenueguidanceforthefullyear2024,loweringitto19.00 each [2] - On October 15, 2024, Silvaco revised its revenue guidance for the full year 2024, lowering it to 60 million to 63millionfromapreviousrangeof63 million from a previous range of 63 million to 66million,andadjusteditsyear−over−yeargrowthprojectionto1066 million, and adjusted its year-over-year growth projection to 10% to 16% from 16% to 22% [3] - Following the revenue guidance revision, Silvaco's stock price dropped by 3.61, or 32.64%, closing at $7.45 per share on October 16, 2024 [4]