PDF Solutions, Inc. (PDFS) Expected to Announce Quarterly Sales of $18.25 Million

Wall Street analysts expect that PDF Solutions, Inc. (NASDAQ:PDFS) will report $18.25 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for PDF Solutions’ earnings, with the lowest sales estimate coming in at $18.00 million and the highest estimate coming in at $18.50 million. PDF Solutions reported sales of $26.78 million during the same quarter last year, which indicates a negative year-over-year growth rate of 31.9%. The business is scheduled to issue its next quarterly earnings report on Thursday, February 21st.

On average, analysts expect that PDF Solutions will report full year sales of $84.35 million for the current fiscal year, with estimates ranging from $84.10 million to $84.60 million. For the next financial year, analysts forecast that the company will post sales of $86.55 million, with estimates ranging from $85.00 million to $88.10 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for PDF Solutions.

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

Several equities analysts have commented on the company. BidaskClub raised PDF Solutions from a “sell” rating to a “hold” rating in a report on Tuesday, December 4th. ValuEngine raised PDF Solutions from a “sell” rating to a “hold” rating in a report on Saturday, December 1st. TheStreet cut PDF Solutions from a “c-” rating to a “d+” rating in a report on Thursday, September 6th. DA Davidson cut their price target on PDF Solutions from $18.00 to $13.00 and set a “hold” rating for the company in a report on Wednesday, August 29th. Finally, Zacks Investment Research raised PDF Solutions from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 31st. Four analysts have rated the stock with a hold rating, PDF Solutions presently has a consensus rating of “Hold” and an average price target of $13.00.

Institutional investors and hedge funds have recently modified their holdings of the company. OppenheimerFunds Inc. raised its holdings in shares of PDF Solutions by 99.5% in the 2nd 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 in the last quarter. Keybank National Association OH increased its holdings in PDF Solutions by 27.3% during the 2nd quarter. Keybank National Association OH now owns 38,424 shares of the technology company’s stock valued at $460,000 after purchasing an additional 8,238 shares in the last quarter. Citadel Advisors LLC increased its holdings in PDF Solutions by 22.0% during the 2nd quarter. Citadel Advisors LLC now owns 245,449 shares of the technology company’s stock valued at $2,941,000 after purchasing an additional 44,324 shares in the last quarter. BlackRock Inc. increased its holdings in PDF Solutions by 6.9% during the 2nd quarter. BlackRock Inc. now owns 3,868,851 shares of the technology company’s stock valued at $46,350,000 after purchasing an additional 249,043 shares in the last quarter. Finally, Divisar Capital Management LLC increased its holdings in PDF Solutions by 2.8% during the 2nd quarter. Divisar Capital Management LLC now owns 1,452,205 shares of the technology company’s stock valued at $17,397,000 after purchasing an additional 39,129 shares in the last quarter. 84.28% of the stock is owned by institutional investors and hedge funds.

PDF Solutions stock traded down $0.46 during trading hours on Tuesday, hitting $8.44. The stock had a trading volume of 134,763 shares, compared to its average volume of 249,352. The stock has a market cap of $272.40 million, a price-to-earnings ratio of -211.00 and a beta of 1.13. PDF Solutions has a fifty-two week low of $7.56 and a fifty-two week high of $17.38.

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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