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 (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.
PDF Solutions reported total revenues of $88.0 million for the full year 2020, a 3% increase year-over-year. Analytics revenue surged by 15%, accounting for 65% of total revenue. However, the company faced a net loss of $40.4 million for the year, significantly higher than the prior year's loss of $5.4 million. Cash and equivalents rose to $145.3 million. The company secured a strategic partnership with Advantest during Q3 2020, raising $65.2 million in common stock. The GAAP gross margin for 2020 was 58%, slightly down from 61% in 2019.
PDF Solutions (Nasdaq: PDFS) has announced it will release its fourth quarter and fiscal year 2020 financial results on February 18, 2021, after market close. CEO John Kibarian and CFO Adnan Raza will host a teleconference at 2:00 p.m. PT to discuss the results. To join the call, participants can dial (877) 221-5831 or (706) 902-1220 and reference the 'PDF Solutions’ Fourth Quarter and Fiscal Year 2020 Financial Results Call.' Additionally, the results will be webcast on the company’s website.
PDF Solutions, Inc. (NASDAQ: PDFS) has finalized the acquisition of Cimetrix Incorporated, enhancing its capabilities in smart manufacturing and Industry 4.0. This acquisition combines Cimetrix® connectivity products with PDF's Exensio® analytics platform, enabling semiconductor manufacturers to extract actionable intelligence from production data, potentially lowering costs and improving IC reliability. The move reflects PDF's commitment to advancing manufacturing intelligence, with operations extending across multiple countries, reinforcing its position in the semiconductor ecosystem.
PDF Solutions has announced a definitive agreement to acquire Cimetrix for $35 million. This acquisition aims to enhance semiconductor and electronics manufacturing intelligence through the integration of Cimetrix's connectivity products with PDF's Exensio analytics platform. This move is expected to improve factory communication, reduce costs, and boost quality. The deal is set to close in Q4 2020, subject to standard conditions. The partnership reinforces PDF's commitment to smart manufacturing and Industry 4.0, focusing on delivering advanced data analytics capabilities.
PDF Solutions reported total revenues of $23.1 million for Q3 2020, a 5% increase year-over-year. Analytics revenue rose by 13% to $14.3 million, making up 62% of total revenue. The company experienced a GAAP gross margin of 59% and a non-GAAP gross margin of 63%. Despite improved revenue, PDF Solutions reported a net loss of $2.7 million for the quarter, an improvement from the previous quarter’s loss of $3.7 million. Cash and equivalents were $168.4 million, boosted by a strategic stock issuance of $65.2 million.
PDF Solutions (NASDAQ: PDFS) announced it will release its third quarter 2020 financial results on November 5, 2020, following the market close. CEO John Kibarian and CFO Adnan Raza will host a live teleconference at 2:00 PM PT to discuss the results. Participants can call in or join via webcast on the company's website. An archive of the call will be accessible until December 4, 2020. PDF Solutions provides data and analytics solutions for the semiconductor industry, aiming to enhance product yield and profitability through innovative analytics and professional services.
PDF Solutions reported second quarter 2020 revenues of $21.4 million, a 4% increase year-over-year, driven by analytics revenue of $15.2 million, up 27%. Analytics contributed 71% to total revenues. The GAAP gross margin was 58%, down from 60% in Q1 2020, while non-GAAP gross margin was 63%. The company experienced a net loss of $3.7 million, or ($0.11) per share, compared to $0.5 million loss last quarter. Cash reserves increased to $103.4 million.
PDF Solutions and Advantest Corporation have entered into a strategic partnership focusing on cloud-based solutions in the semiconductor industry. Key agreements include a five-year subscription for PDF's Exensio analytics platform and a development collaboration for Advantest's cloud services. Advantest will invest approximately $65.2 million to purchase over 3.3 million shares of PDF Solutions. This partnership aims to enhance efficiency in semiconductor production through advanced analytics, benefiting various semiconductor manufacturing processes.
PDF Solutions reported Q1 2020 revenues of $21.2 million, up 3% year-over-year. Analytics revenue increased 16% to $13.2 million, representing 63% of total revenues. GAAP gross margin remained steady at 60%, while non-GAAP gross margin rose to 65%. A net loss of $0.5 million equated to ($0.02) per share. Operating cash flow for the quarter was $5.4 million, with cash reserves of $100.4 million. The company benefited from the CARES Act, recognizing a $2.3 million tax benefit.
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