Sees Q4 bookings $15M-$19M. Sees Q4 gross margin 78%-82%. Chris Zegarelli, Silvaco’s (SVCO) Chief Financial Officer, added, “We have taken steps toward improving financial discipline with a cost reduction program implemented during the fourth quarter. We expect the program will lower operating expenses by at least $15 million on an annualized basis and will position the company for more nimble execution and sustained profitability going forward.”
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