The earnings call reflected a generally positive outlook with substantial revenue growth driven by analytics and promising developments in new technologies like eProbe. However, challenges in specific segments like integrated yield ramp and weak market conditions in China present ongoing concerns.
Company Guidance
During the PDF Solutions Q3 2024 earnings call, key guidance metrics were provided for the upcoming quarter and beyond. Total revenue for Q3 2024 was reported at $46.4 million, marking an 11% increase from the prior quarter and a 10% increase year-over-year, driven primarily by a 17% rise in analytics revenue to $44.8 million, which now comprises 96% of total revenue. The company anticipates a 20% year-over-year growth in Q4 2024 revenue, aligning with their long-term growth target. Additionally, they reported a strong 77% gross margin for Q3, due in part to one-time perpetual software license deals, with expectations for gross margins to normalize in the following quarter. PDF Solutions ended Q3 with a backlog of approximately $240 million and cash reserves of $120 million. The company is optimistic about their Design-for-Inspection (DFI) eProbe business, expecting it to significantly drive revenue growth into 2025 and beyond.
Strong Revenue Growth
Total revenue for Q3 was $46.4 million, marking an 11% increase from the previous quarter and a 10% increase from the same quarter last year.
Analytics Revenue Surge
Analytics revenue reached $44.8 million, a 17% increase from the prior quarter and a 13% increase from the same quarter last year, comprising 96% of total revenue.
eProbe Success
The eProbe manufacturing evaluation at the second customer is progressing ahead of schedule, with promising results in memory applications showing sensitivity and throughput advantages over 10 times superior to conventional methods.
High Gross Margin
Reported a 77% gross margin for Q3, benefitting from one-time perpetual software license deals.
Strong Cash Position
Ended the quarter with $120 million in cash, cash equivalents, and short-term investments.
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PDF Solutions (PDFS) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PDFS Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 07, 2024
$32.12
$33.16
+3.24%
Aug 08, 2024
$30.03
$30.87
+2.80%
May 09, 2024
$32.81
$34.29
+4.51%
Feb 15, 2024
$34.96
$35.07
+0.31%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does PDF Solutions (PDFS) report earnings?
PDF Solutions (PDFS) is schdueled to report earning on Feb 13, 2025, TBA Not Confirmed.
What is PDF Solutions (PDFS) earnings time?
PDF Solutions (PDFS) earnings time is at Feb 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.