Welcome to our dedicated page for PDF Solutions news (Ticker: PDFS), a resource for investors and traders seeking the latest updates and insights on PDF Solutions stock.
PDF Solutions Inc. (NASDAQ: PDFS) is a global leader specializing in yield improvement technologies and services for the integrated circuit (IC) manufacturing process lifecycle. Headquartered in Santa Clara, California, PDF Solutions aims to lower IC design and manufacturing costs, speed up time to market, and enhance overall profitability by addressing interactions from product design to mature manufacturing operations.
PDF Solutions' core offerings include the Characterization Vehicle® (CV®) test chips, which provide advanced modeling capabilities, and are widely adopted by leading manufacturers. Their industry-leading products also include DataPOWER®, a comprehensive yield management system software, and Mæstria®, a fault detection and classification software that boosts yield improvement and production control at leading fabs worldwide.
The company’s solutions empower engineers and data scientists across the semiconductor ecosystem, combining proprietary software, physical intellectual property (IP) for IC designs, electrical measurement hardware tools, various methodologies, and professional services. Their customer base spans integrated device manufacturers (IDMs), fabless semiconductor companies, foundries, outsourced semiconductor assembly and test (OSATs), and system houses.
PDF Solutions is well-versed in smart manufacturing, enabling clients to connect and control equipment, collect data during manufacturing and test operations, and utilize advanced analytics and machine learning for high-volume, profitable manufacturing. Notably, PDF Solutions operates globally with offices in China, Europe, Japan, Korea, and Singapore.
Recent developments include the introduction of a freemium level of the Exensio® Analytics Platform. This platform offers users insights into their yield and test operations through a thin client architecture and includes highly interactive tools for identifying yield and test issues, along with templates for outlier detection and escape prevention.
PDF Solutions actively participates in industry events such as SEMICON West and DAC 2023, where it hosts booths, participates in panels, and conducts presentations. The company is also an active member of industry consortia such as SEMI, INEMI, TPCA, IPC, the OPC Foundation, and DMDII.
Founded in 1991, PDF Solutions continues to innovate and lead in data solutions for the semiconductor industry, contributing to smarter manufacturing and enhanced profitability for its global clientele.
PDF Solutions reported total revenues of $29.6 million for Q3 2021, marking a 28% increase from Q3 2020. Analytics revenue surged by 90% year-over-year to $27.2 million. Bookings for 2021 through Q3 surpassed full-year 2020 totals, with backlog rising 60% to $180.9 million. GAAP gross margin improved to 63%, and non-GAAP gross margin reached 66%. The quarter ended with $141.2 million in cash. The company expects full-year revenue growth near the top end of its 20-25% guidance, with analytics revenue anticipated to rise over 50%.
PDF Solutions (NASDAQ: PDFS) announces the appointment of Ye Jane Li to its Board of Directors as an independent director effective November 3, 2021. Li brings over 20 years of experience in the high-tech industry, having held executive roles at significant companies, including Huawei and Corning. Her expertise covers general management, M&A, and strategic development, offering potential insights for PDF Solutions to enhance its cloud and AI capabilities in the semiconductor sector. The company aims to leverage her skills to improve operational efficiency and profitability.
PDF Solutions (NASDAQ: PDFS) announced it will release its third quarter fiscal year 2021 financial results after market close on November 9, 2021. CEO John Kibarian and CFO Adnan Raza will host a live teleconference at 2:00 PM PT to discuss the results. Participants can join via phone or webcast. Founded in 1991, PDF Solutions provides data solutions for the semiconductor ecosystem to enhance operational efficiency and product quality. With a global presence, the company caters to Fortune 500 clients, leveraging advanced analytics and machine learning for smart manufacturing.
PDF Solutions, Inc. (Nasdaq: PDFS) reported total revenues of $27.4 million for Q2 2021, marking a 28% increase from Q2 2020. Analytics revenue saw a 29% growth to $19.6 million. Bookings surged 60% in the first half of 2021, while backlog rose 118% to $138.6 million. The GAAP gross margin was 61%, and cash provided by operating activities reached $8.1 million. Despite these gains, the company reported a net loss of $4.5 million. For 2021, revenues are expected to grow by 20-25% and analytics revenue by over 30%.
PDF Solutions, Inc. (NASDAQ: PDFS) announced that it will release its second quarter fiscal year 2021 financial results on August 10, 2021. The results will be discussed in a teleconference led by CEO John Kibarian and CFO Adnan Raza at 2:00 p.m. PT. Participants can join by phone or via a webcast on the company’s website. PDF Solutions offers comprehensive data solutions aimed at enhancing yield and operational efficiency within the semiconductor sector, serving Fortune 500 companies in this space.
PDF Solutions, Inc. (NASDAQ: PDFS) announced its participation in several upcoming virtual investor conferences. Cowen's 49th Annual Technology, Media, and Telecom Conference will be held on June 1, 2021, featuring CEO John Kibarian and CFO Adnan Raza. The Craig-Hallum’s 18th Annual Institutional Investor Conference is set for June 2, 2021, with Kimon Michaels, EVP, and Adnan Raza presenting. Lastly, the Rosenblatt Securities Age of AI Scaling Mini Virtual Conference on June 3, 2021, will include a panel by John Kibarian. Attendance is by invitation only.
PDF Solutions reported a 14% increase in total revenues to $24.2 million for Q1 2021, with analytics revenue surging 46% to $19.4 million, which constitutes 80% of total revenues. The GAAP gross margin remained steady at 56%, while non-GAAP gross margin was 61%. Although cash used in operating activities was $8.3 million, the company ended the quarter with $132.3 million in cash and equivalents. For the full year, PDF Solutions anticipates analytics revenues will exceed their 20% annual growth target.
PDF Solutions (Nasdaq: PDFS) will announce its first quarter fiscal year 2021 financial results on May 6, 2021, after market close. CEO John Kibarian and CFO Adnan Raza will host a teleconference to discuss the results at 2:00 p.m. PT. Participants can access the call by dialing specified numbers for the U.S. and international audiences. The company provides data solutions for the semiconductor industry, helping organizations enhance product yield and operational efficiency.
PDF Solutions, Inc. (Nasdaq: PDFS) has partnered with Lavorro Inc. to integrate its Cimetrix Sapience platform for enhanced data collection in semiconductor manufacturing. This collaboration aims to drive the Smart-Bot Lucy AI product, improving equipment data ingestion and enabling efficient resource allocation. The Cimetrix Sapience platform offers a common interface for various equipment, facilitating the transformation of factories into smart manufacturing environments. The firm highlights the need for standardized data management as more industries adopt AI/ML technologies.
PDF Solutions (NASDAQ: PDFS) has announced that Melexis, a prominent micro-electronic solutions supplier, is leveraging its Exensio Fabless analytics platform for cloud-based semiconductor analytics. This transition aims to enhance data analytics capabilities across multiple sites globally, improving product yield and quality. Melexis's decision was driven by its growing product data complexity, requiring scalable, high-performance analytics. The Exensio Fabless platform offers tailored solutions to meet Melexis's engineering needs, promising greater efficiency and reduced costs.
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