PDF Solutions (PDFS) Set to Announce Earnings on Thursday

PDF Solutions (NASDAQ:PDFS) will be releasing its earnings data after the market closes on Thursday, November 8th. Analysts expect PDF Solutions to post earnings of ($0.07) per share for the quarter.

PDF Solutions (NASDAQ:PDFS) last announced its earnings results on Thursday, August 2nd. The technology company reported $0.02 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.06 by ($0.04). PDF Solutions had a negative return on equity of 2.28% and a negative net margin of 4.60%. The firm had revenue of $21.12 million for the quarter, compared to analyst estimates of $22.95 million. During the same quarter last year, the business posted $0.08 EPS. The firm’s revenue was down 13.1% compared to the same quarter last year. On average, analysts expect PDF Solutions to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of NASDAQ PDFS opened at $8.00 on Thursday. PDF Solutions has a 1 year low of $7.56 and a 1 year high of $18.48. The company has a market cap of $256.16 million, a P/E ratio of -200.00 and a beta of 1.11.

A number of brokerages recently issued reports on PDFS. DA Davidson restated a “buy” rating on shares of PDF Solutions in a research report on Friday, August 3rd. ValuEngine upgraded shares of PDF Solutions from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 2nd. BidaskClub lowered shares of PDF Solutions from a “hold” rating to a “sell” rating in a research report on Friday, July 13th. Zacks Investment Research upgraded shares of PDF Solutions from a “strong sell” rating to a “hold” rating in a report on Wednesday. Finally, TheStreet lowered shares of PDF Solutions from a “c-” rating to a “d+” rating in a report on Thursday, September 6th. Two investment analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. PDF Solutions presently has an average rating of “Hold” and a consensus price target of $13.00.

A hedge fund recently raised its stake in PDF Solutions stock. Bank of New York Mellon Corp raised its stake in PDF Solutions, Inc. (NASDAQ:PDFS) by 3.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 329,744 shares of the technology company’s stock after purchasing an additional 10,658 shares during the quarter. Bank of New York Mellon Corp owned about 1.03% of PDF Solutions worth $3,951,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 87.47% of the company’s stock.

About PDF Solutions

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 for PDF Solutions (NASDAQ:PDFS)

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