PDF Solutions, Inc. (NASDAQ:PDFS) Expected to Post Earnings of $0.06 Per Share

Brokerages forecast that PDF Solutions, Inc. (NASDAQ:PDFS) will announce earnings per share (EPS) of $0.06 for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for PDF Solutions’ earnings, with the lowest EPS estimate coming in at $0.05 and the highest estimate coming in at $0.06. PDF Solutions posted earnings of $0.01 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 500%. The business is scheduled to announce its next quarterly earnings report on Thursday, November 14th.

According to Zacks, analysts expect that PDF Solutions will report full year earnings of $0.21 per share for the current year, with EPS estimates ranging from $0.20 to $0.21. For the next fiscal year, analysts anticipate that the firm will report earnings of $0.53 per share, with EPS estimates ranging from $0.50 to $0.55. Zacks’ earnings per share averages are an average based on a survey of research firms that follow PDF Solutions.

PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, August 1st. The technology company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.01). The firm had revenue of $20.57 million during the quarter, compared to analysts’ expectations of $21.43 million. PDF Solutions had a negative return on equity of 4.34% and a negative net margin of 10.61%. The firm’s quarterly revenue was down 2.6% on a year-over-year basis. During the same period last year, the firm posted $0.02 earnings per share.

Several research analysts have recently weighed in on the stock. Zacks Investment Research cut shares of PDF Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, July 31st. Northland Securities reissued a “buy” rating on shares of PDF Solutions in a report on Friday, August 2nd. BidaskClub cut shares of PDF Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, August 7th. Finally, ValuEngine cut shares of PDF Solutions from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $14.00.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Aperio Group LLC purchased a new position in shares of PDF Solutions during the second quarter valued at approximately $25,000. Bank of Montreal Can purchased a new position in shares of PDF Solutions during the second quarter valued at approximately $30,000. Municipal Employees Retirement System of Michigan purchased a new position in shares of PDF Solutions during the fourth quarter valued at approximately $65,000. BNP Paribas Arbitrage SA raised its holdings in shares of PDF Solutions by 478.3% during the first quarter. BNP Paribas Arbitrage SA now owns 5,777 shares of the technology company’s stock valued at $71,000 after purchasing an additional 4,778 shares during the last quarter. Finally, Metropolitan Life Insurance Co. NY purchased a new position in shares of PDF Solutions during the fourth quarter valued at approximately $80,000. 84.30% of the stock is owned by hedge funds and other institutional investors.

Shares of PDFS traded up $0.19 during mid-day trading on Friday, hitting $11.50. 49,100 shares of the company traded hands, compared to its average volume of 105,873. The stock has a 50-day moving average price of $12.82 and a two-hundred day moving average price of $12.52. PDF Solutions has a 1 year low of $7.56 and a 1 year high of $14.00. The stock has a market cap of $366.93 million, a price-to-earnings ratio of -47.92 and a beta of 1.32.

About PDF Solutions

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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