PDF Solutions (PDFS) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.53%. A quarter ago, it was expected that this provider of software and services for semiconductor makers would post earnings of $0.24 per share when it actually produced earnings of $0.25, delivering a surprise of ...

PDF Solutions (PDFS) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Good day, everyone, and welcome to the PDF Solutions Inc. Conference call to discuss its financial results for the first quarter conference call ending Monday, 03/31/2025. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone. As a reminder, this conference is being rec ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to ______________ Commission File Number 000-31311 PDF SOLUTIONS, INC. (Exact name of Registrant as Specified in its Charter) Delaware 25-1701361 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) For the Quarterly Period ende ...

Q1 2025 Management Report May 8, 2025 1 a Contents ■ Q1 2025 Results ■ Q1 2025 Non-GAAP Results Exhibit 99.2 ■ Related Information The following commentary is provided by management and should be referenced in conjunction with PDF Solutions' First Quarter 2025 financial results press release available on its Investor Relations website at http://www.pdf.com/financial-news. These remarks represent management's current views of the Company's financial and operational performance and are provided to give invest ...

SANTA CLARA, Calif., May 08, 2025 (GLOBE NEWSWIRE) -- PDF Solutions, Inc. (Nasdaq: PDFS), a leading provider of comprehensive data solutions for the semiconductor and electronics ecosystem, today announced financial results for its first quarter ended March 31, 2025. Financial Highlights of First Quarter 2025 Quarterly total revenues of $47.8 million, up 16% over last year’s comparable quarterQuarterly analytics revenue of $42.5 million, up 10% over last year’s comparable quarterGAAP gross margin of 73% and ...

SANTA CLARA, Calif., April 21, 2025 (GLOBE NEWSWIRE) -- PDF Solutions, Inc. (Nasdaq: PDFS), a leading provider of comprehensive data solutions for the semiconductor ecosystem, announced that it will release First quarter fiscal 2025 financial results after the market close on Thursday, May 8, 2025. John Kibarian, CEO, and Adnan Raza, CFO, will host a live teleconference on Thursday, May 8, 2025, beginning at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to discuss the results. To participate on the live c ...

SANTA CLARA, Calif., March 07, 2025 (GLOBE NEWSWIRE) -- PDF Solutions, Inc. (NASDAQ: PDFS), today announced it has closed the acquisition of secureWISE, LLC, a widely used secure, remote connectivity solution in the semiconductor manufacturing equipment industry, from Telit IOT Solutions Inc. By acquiring secureWISE, PDF Solutions expects to extend its leadership in data, analytics, and connectivity for the semiconductor industry ecosystem by significantly expanding PDF Solutions’ manufacturing connectivity ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 2858 De La Cruz Blvd. 95050 Form 10-K (Mark One) 000-31311 (Commission file number) PDF SOLUTIONS, INC. (Exact name of registrant as specified in its charter) Delaware 25-1701361 (State or other jurisdiction of (I.R.S. Employer Incorporation or organization) Identification No.) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange ...

Core Viewpoint - PDF Solutions, Inc. has announced the acquisition of secureWISE, LLC, a leading secure remote connectivity solution in the semiconductor manufacturing equipment industry, for $130 million, which is expected to enhance its data analytics capabilities and collaboration within the semiconductor ecosystem [1][7][9]. Company Overview - PDF Solutions provides comprehensive data solutions aimed at improving yield, quality, and operational efficiency in the semiconductor and electronics industry [13]. - The company has a global presence with operations in North America, Europe, and Asia, and serves Fortune 500 companies [14][15]. Acquisition Details - The acquisition of secureWISE is valued at $130 million, funded through cash on hand and $70 million in new bank debt, and is expected to close in the first quarter of 2025 [7][9]. - secureWISE is widely used in the semiconductor industry, with applications built on its network to deliver equipment analytics [2][5]. Industry Context - The semiconductor industry is increasingly distributed, necessitating secure collaboration and integration among various stakeholders [4]. - secureWISE is installed in over 90% of the world's 300mm semiconductor fabs, highlighting its significance in the industry [17]. Expected Benefits - The acquisition is anticipated to accelerate the ability of equipment manufacturers to derive value from equipment data by integrating with PDF Solutions' Exensio analytics software [5][6]. - It will enhance the capabilities of PDF Solutions' secure DEX OSAT network, facilitating collaboration among equipment makers, fab operators, and fabless companies [6]. Financial Outlook - Assuming the acquisition closes as planned, PDF Solutions expects a revenue growth rate of 21% to 23% year-over-year for 2025, with a target operating margin of 20% [9].

Financial Data and Key Metrics Changes - For Q4 2024, total revenues reached $50.1 million, representing a 22% year-over-year growth, exceeding the long-term growth target [20] - Full-year 2024 total revenues were $179.5 million, an 8% increase from $165.8 million in 2023, with significant growth occurring in the second half of the year [20][21] - Gross margin for Q4 was 72%, while the full-year gross margin was 74%, moving closer to the target model of 75% [24][27] Business Line Data and Key Metrics Changes - Analytics revenue grew 22% in Q4 compared to the same period last year and accounted for 96% of total revenue for the quarter [20][22] - The DFI eProbe systems saw strong momentum, with successful conversions from evaluations to sales for major semiconductor companies [21][22] - Exensio modules, including process control and ML ops, are expected to drive most bookings in 2025 [15][28] Market Data and Key Metrics Changes - Customers in advanced logic, high bandwidth memory, and advanced packaging are investing, while other sectors exhibit a more cautious outlook [12][13] - The semiconductor industry is projected to experience mixed growth, with total revenues expected to grow at a rate approaching 15% year-over-year [17][27] Company Strategy and Development Direction - The company aims to build upon accomplishments in 2024, expanding applications for the eProbe in advanced logic and DRAM [13][28] - The strategy includes a shift towards a model where customers can purchase machines and optionally subscribe to application services and software [14][66] - The company remains committed to a long-term target model of 20% year-over-year revenue growth, 75% gross margin, and 20% operating margin [27] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about growth returning in the second half of 2024 and highlighted customer interest in products and solutions [12][21] - The outlook for 2025 reflects both short-term weaknesses in the semiconductor industry and strengths in the company's pipeline, driven by macro trends such as distributed manufacturing and AI [27][28] Other Important Information - The company reported positive operating cash flow of approximately $10 million and spent about $18 million on CapEx related to the DFI ecosystem [26] - The accounts receivable balance was elevated due to timing and billing, but management expressed confidence in collections [60][62] Q&A Session Summary Question: Can you provide more details on the eProbe pipeline? - The eProbe sales will include both repeat sales to existing customers and new sales to new customers, with a focus on advanced logic and DRAM applications [35][36] Question: What is the status of the backlog? - The backlog decreased from $239 million in Q3 to $221 million, attributed to the nature of the new sales model [34][39] Question: How is customer adoption of model ops impacting growth? - Customer receptivity to model ops has been high, with ongoing pilots expected to contribute to business growth in 2025 [52][53] Question: What is the impact of elevated accounts receivable on cash flow? - The elevated accounts receivable is a matter of timing and billing, with management confident in the progress of collections [60][62] Question: How are management changes at key customers affecting business? - Management changes at customers have not significantly impacted business, as the company has diversified its customer base [72][76] Question: Is there increased activity in advanced packaging due to market conditions? - The company is seeing increased activity in advanced packaging, particularly from leading-edge customers who are relying more on OSAT partners [80][82] Question: Are there opportunities in HBM DRAM with Exensio? - The company is starting to penetrate HBM DRAM accounts, particularly through the eProbe, which has reintroduced the company to this market segment [87][89]