PDF Solutions, Inc. (PDFS) Expected to Post Quarterly Sales of $22.00 Million

Equities analysts expect that PDF Solutions, Inc. (NASDAQ:PDFS) will post sales of $22.00 million for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for PDF Solutions’ earnings. The lowest sales estimate is $21.50 million and the highest is $22.50 million. PDF Solutions reported sales of $26.78 million in the same quarter last year, which would suggest a negative year over year growth rate of 17.8%. The firm is expected to announce its next earnings results on Thursday, February 21st.

According to Zacks, analysts expect that PDF Solutions will report full-year sales of $89.05 million for the current year, with estimates ranging from $88.70 million to $89.40 million. For the next fiscal year, analysts expect that the business will report sales of $92.50 million, with estimates ranging from $85.00 million to $100.00 million. Zacks’ sales calculations are an average based on a survey of research analysts that cover PDF Solutions.

PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings data on Thursday, November 8th. The technology company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.07) by $0.01. PDF Solutions had a negative net margin of 7.79% and a negative return on equity of 3.61%. The business had revenue of $20.21 million for the quarter, compared to analyst estimates of $21.20 million. During the same quarter in the previous year, the firm posted $0.11 earnings per share. PDF Solutions’s quarterly revenue was down 23.8% on a year-over-year basis.

Several equities research analysts recently commented on PDFS shares. DA Davidson reissued a “buy” rating on shares of PDF Solutions in a research note on Friday, August 3rd. TheStreet lowered shares of PDF Solutions from a “c-” rating to a “d+” rating in a research note on Thursday, September 6th. Zacks Investment Research raised shares of PDF Solutions from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 31st. ValuEngine raised shares of PDF Solutions from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 2nd. Finally, BidaskClub raised shares of PDF Solutions from a “strong sell” rating to a “sell” rating in a research note on Friday, October 12th. Two analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. The stock has a consensus rating of “Hold” and an average price target of $13.00.

NASDAQ:PDFS opened at $8.94 on Friday. PDF Solutions has a one year low of $7.56 and a one year high of $18.48.

A number of institutional investors have recently modified their holdings of PDFS. OppenheimerFunds Inc. raised its holdings in PDF Solutions by 99.5% in the second quarter. OppenheimerFunds Inc. now owns 2,004,835 shares of the technology company’s stock worth $24,018,000 after buying an additional 999,845 shares during the last quarter. BlackRock Inc. raised its holdings in PDF Solutions by 6.9% in the second quarter. BlackRock Inc. now owns 3,868,851 shares of the technology company’s stock worth $46,350,000 after buying an additional 249,043 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in PDF Solutions by 8.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,556,983 shares of the technology company’s stock worth $18,154,000 after buying an additional 116,602 shares during the last quarter. Wasatch Advisors Inc. raised its holdings in PDF Solutions by 33.9% in the second quarter. Wasatch Advisors Inc. now owns 220,568 shares of the technology company’s stock worth $2,642,000 after buying an additional 55,891 shares during the last quarter. Finally, Citadel Advisors LLC raised its holdings in PDF Solutions by 22.0% in the second quarter. Citadel Advisors LLC now owns 245,449 shares of the technology company’s stock worth $2,941,000 after buying an additional 44,324 shares during the last quarter. 86.47% of the stock is owned by institutional investors and hedge funds.

PDF Solutions Company Profile

PDF Solutions, Inc provides infrastructure technologies and services to enhance yield and optimize performance of integrated circuits (IC) in the United States, Germany, Taiwan, China, and internationally. It offers manufacturing process solutions; volume manufacturing solutions; design-for-inspection (DFI) solutions; and design-for-manufacturability (DFM) solutions.

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Earnings History and Estimates for PDF Solutions (NASDAQ:PDFS)

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