PDF Solutions (NASDAQ:PDFS) Announces Quarterly Earnings Results, Misses Estimates By $0.01 EPS

PDF Solutions (NASDAQ:PDFS) issued its earnings results on Thursday. The technology company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.01), Bloomberg Earnings reports. The firm had revenue of $20.57 million during the quarter, compared to the consensus estimate of $21.43 million. PDF Solutions had a negative return on equity of 5.00% and a negative net margin of 12.23%. The firm’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period last year, the business earned $0.02 earnings per share.

PDF Solutions stock traded down $0.66 during mid-day trading on Friday, hitting $12.75. 158,174 shares of the company were exchanged, compared to its average volume of 77,325. The company has a debt-to-equity ratio of 0.04, a current ratio of 6.90 and a quick ratio of 6.90. The business has a fifty day moving average of $13.04. PDF Solutions has a 1-year low of $7.56 and a 1-year high of $14.00.

A number of institutional investors have recently added to or reduced their stakes in the business. California Public Employees Retirement System increased its stake in PDF Solutions by 5.7% during the fourth quarter. California Public Employees Retirement System now owns 72,649 shares of the technology company’s stock valued at $612,000 after purchasing an additional 3,900 shares during the last quarter. BlackRock Inc. increased its stake in PDF Solutions by 2.0% during the fourth quarter. BlackRock Inc. now owns 4,061,916 shares of the technology company’s stock valued at $34,241,000 after purchasing an additional 79,148 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in PDF Solutions by 4.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,948,829 shares of the technology company’s stock valued at $16,429,000 after purchasing an additional 80,848 shares during the last quarter. Stone Ridge Asset Management LLC increased its stake in PDF Solutions by 59.9% during the fourth quarter. Stone Ridge Asset Management LLC now owns 19,451 shares of the technology company’s stock valued at $164,000 after purchasing an additional 7,287 shares during the last quarter. Finally, Principal Financial Group Inc. increased its stake in PDF Solutions by 1.0% during the fourth quarter. Principal Financial Group Inc. now owns 225,344 shares of the technology company’s stock valued at $1,900,000 after purchasing an additional 2,158 shares during the last quarter. Hedge funds and other institutional investors own 83.16% of the company’s stock.

Several brokerages recently commented on PDFS. Northland Securities reaffirmed a “buy” rating on shares of PDF Solutions in a research report on Friday. Zacks Investment Research cut PDF Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday. Finally, BidaskClub upgraded PDF Solutions from a “hold” rating to a “buy” rating in a research note on Thursday, May 30th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. PDF Solutions currently has an average rating of “Buy” and an average price target of $14.00.

PDF Solutions Company Profile

PDF Solutions, Inc provides hardware, software, and intellectual property products to integrated circuit (IC) vendors in the United States, China, Taiwan, Germany, and internationally. It offers Exensio platform, which consists of Exensio-Yield that collects and stores yield data in an analysis-ready database, which enables product engineers to identify and analyze production yield, performance, reliability, and other issues; Exensio-Control, which provides fault detection and classification capabilities for monitoring, alarming, and controlling manufacturing tool sets; Exensio-Test that offers data collection and analysis capability; Exensio Characterization, which encapsulates test structure analysis functionality of electrical and in-line inspection data from CV test chips and design-for-inspection DFI on-chip instruments; and Exensio ALPS that provides device manufacturers with the capability to link all device data, including fabrication and characterization data from every step of the product life cycle.

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Earnings History for PDF Solutions (NASDAQ:PDFS)

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