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Silvaco Strengthens Leadership Team with Three Industry Veterans to Drive Innovation and Growth
Globenewswire· 2025-07-24 13:15
SANTA CLARA, Calif., July 24, 2025 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (“Silvaco”) (NASDAQ: SVCO), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced the addition of three seasoned industry veterans to its leadership team: Andrew Wright as Senior Vice President and General Manager of the Semiconductor IP Business Unit, Jasvinder Singh as Senior Vice President and General Manager of the EDA Bus ...
Silvaco Announces Date of Second Quarter 2025 Financial Results Conference Call
Globenewswire· 2025-07-23 20:10
Core Viewpoint - Silvaco Group, Inc. will announce its financial results for Q2 2025 on August 6, 2025, and will provide a full-year outlook during a conference call [1][2]. Company Overview - Silvaco is a provider of TCAD, EDA software, and SIP solutions that facilitate semiconductor design and AI through innovative software [3]. - The company's solutions are utilized in various sectors including display, power devices, automotive, memory, high-performance computing, foundries, photonics, IoT, and 5G/6G mobile markets for complex SoC design [3]. - Silvaco is headquartered in Santa Clara, California, and has a global presence with offices in North America, Europe, Brazil, China, Japan, Korea, Singapore, and Taiwan [3]. Financial Results Announcement - The financial results for the second quarter ended June 30, 2025, will be released after market close on August 6, 2025 [1]. - A conference call will be held at 5:00 p.m. Eastern time to discuss the results and the full-year outlook [1][3]. - An earnings presentation and supplemental financial results will be available on the company's investor relations website [2]. Conference Call Details - Participants can register for the conference call to receive dial-in numbers and a unique PIN [2]. - An archived replay of the conference call will be accessible on the investor relations website for a limited time after the call [2].
Silvaco To Present at the Rosenblatt 5th Annual Technology Summit
Globenewswire· 2025-05-28 20:05
SANTA CLARA, Calif., May 28, 2025 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (Nasdaq: SVCO, “Silvaco”), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced that Silvaco’s Chief Executive Officer, Dr. Babak Taheri, Interim Chief Financial Officer, Keith Tainsky, and Chief Revenue Officer, Ian Chen, will participate in a fireside chat at the Rosenblatt 5th Annual Technology Summit on Wednesday, June 11, ...
Alps Alpine Adopts Silvaco's Jivaro Pro to Accelerate SPICE Post-Layout Simulation
GlobeNewswire News Room· 2025-05-13 13:15
Core Insights - Silvaco Group, Inc. announced that Alps Alpine Co., Ltd. has adopted Jivaro Pro, a solution for integrated circuit development and verification, enhancing productivity and reducing design schedule risk [1][3] - Jivaro Pro accelerates SPICE simulation speeds by up to 15 times while maintaining high accuracy, making it suitable for technologies from 180nm down to 3nm [2][7] - The introduction of Jivaro Pro is expected to significantly improve engineering productivity by reducing post-layout simulation times, with at least a 5X improvement observed at the 40nm and 55nm nodes [4][6] Company Overview - Silvaco is a provider of TCAD, EDA software, and SIP solutions, focusing on semiconductor design and digital twin modeling through AI software and innovation [6] - The company serves various markets including automotive, memory, high-performance computing, and 5G/6G mobile markets, with a global presence [6]
Silvaco Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-07 20:05
Achieved gross bookings of $13.7 million and revenue of $14.1 million in the first quarter 2025 Signed 9 new customers in the first quarter 2025 and expanded relationship with existing customers across key markets including AI, Photonics, and IoT SANTA CLARA, Calif., May 07, 2025 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (Nasdaq: SVCO) ("Silvaco" or the "Company"), a provider of TCAD, EDA software, and SIP solutions that enable innovative semiconductor design and digital twin modeling through AI software and ...
Silvaco Expands Product Offerings in Photonics and Wafer-Scale Plasma Modeling for AI Applications with Acquisition of Tech-X Corporation
Globenewswire· 2025-04-29 20:20
Core Viewpoint - Silvaco Group, Inc. has announced the strategic acquisition of Tech-X Corporation to enhance its capabilities in multi-physics simulation software, which will accelerate innovation in semiconductor design and digital twin modeling through AI [1][3]. Group 1: Acquisition Details - The acquisition of Tech-X Corporation will integrate its multi-physics simulation tools with Silvaco's Victory TCAD platform, enabling customers to create more accurate digital twin models for various applications [2][3]. - Tech-X's expertise in high-performance, multi-node GPU-based computing will significantly improve simulation speed and accuracy for Silvaco's offerings [2][3]. Group 2: Strategic Implications - The CEO of Silvaco emphasized that this acquisition is a significant step in the company's growth strategy, particularly in expanding into AI applications and enhancing their technology and customer base [3]. - The addition of Professor John Cary, with over 40 years of experience in computational physics, is expected to accelerate innovation and expand Silvaco's presence in the growing photonics market [3]. Group 3: Company Background - Silvaco is a provider of TCAD, EDA software, and SIP solutions, serving various markets including semiconductor, photonics, automotive, and 5G/6G mobile [4]. - The company has a global presence with offices in North America, Europe, Brazil, China, Japan, Korea, Singapore, and Taiwan [4].
Silvaco Group, Inc.(SVCO) - 2024 Q4 - Earnings Call Transcript
2025-03-06 06:34
Financial Data and Key Metrics Changes - For fiscal year 2024, the company reported gross bookings of $65.8 million, reflecting a 13% increase from 2023, and revenue of $59.7 million, representing a 10% increase from 2023 [8][31] - Non-GAAP gross margin improved to 86% from 83% in 2023, while non-GAAP operating income increased to $5.5 million from $4.4 million in 2023 [8][31] - Non-GAAP net income per share rose to $0.25 from $0.17 in 2023, with shares used in the calculation increasing to 26.8 million from 20 million [8][31] Business Line Data and Key Metrics Changes - In Q4 2024, TCAD bookings reached $14.3 million, up 68% year over year, while EDA bookings were $5.5 million, up 31% year over year [27][30] - For the full year 2024, TCAD bookings totaled $46.9 million, a 32% increase, while EDA bookings were $15.4 million [34] Market Data and Key Metrics Changes - In Q4 2024, Asia Pacific revenues were $9.2 million, accounting for 52% of total sales, while the Americas contributed just over $7 million, or 40% of sales [35] - For the full year, Asia Pacific revenues were $31.6 million, representing 53% of sales, with the Americas at $22.5 million, or 38% of sales [35] Company Strategy and Development Direction - The company aims to drive innovation through AI-based semiconductor design, focusing on advanced CMOS geometries and power semiconductors [9][25] - The recent acquisition of Cadence's OPC product line is expected to enhance the company's capabilities in advanced memory manufacturing and foundry operations [17][18] Management's Comments on Operating Environment and Future Outlook - Management expressed excitement about the acquisition of the OPC product line, indicating it will contribute to mid-single-digit revenue by 2026 [18][38] - The company expects gross bookings for 2025 to range between $72 million and $79 million, with revenue projected between $66 million and $72 million [38] Other Important Information - The company added 46 new customers in 2024, with a focus on expanding in power and memory markets [11][92] - The company has a strong cash position, ending December with $87.5 million in cash, cash equivalents, and marketable securities [29] Q&A Session Summary Question: Clarification on the contribution of the acquisition of the Cadence OPC product line - Management indicated that the contribution is expected to be modest for 2025, with more details to be provided in future calls [41][44] Question: Guidance for operating profits and OpEx increase - Management confirmed that the increase in operating expenses is due to both the acquisition and planned growth in R&D and sales [46][47] Question: Customer acquisition and integration with existing products - Management stated that the OPC product will initially be sold as a standalone product but will be integrated into the FTCO platform over the next six to nine months [54][56] Question: Current exposure to China and revenue contribution - Management expects revenue contribution from China to remain flat, around 15% to 20% for 2025 [73] Question: Gross margin guidance and long-term targets - Management explained that gross margin fluctuations are sensitive to revenue changes and that they expect margins to improve as revenue scales [80] Question: Customer acquisition pace and quality - Management anticipates maintaining the pace of customer acquisition but emphasizes that the quality of new customers will be more significant moving forward [88][89]