earnings
confidence high
sentiment positive
materiality 0.75
PDF Solutions Q1 revenue $33.5M record; non-GAAP EPS $0.09 beats prior year loss
PDF SOLUTIONS INC
2022-Q1 EPS reported
-$0.11
revenue$33,498,000
- Total revenue $33.5M, up 38% YoY and 12% QoQ; analytics revenue $30.4M, up 57% YoY.
- GAAP net loss narrowed to $4.2M ($0.11/sh) from $7.6M ($0.21/sh) YoY; non-GAAP net income $3.7M ($0.09/sh) vs loss.
- Backlog reached $196.8M, up 10% from Dec 31, 2021; bookings up >90% YoY.
- Completed $22.5M share buybacks YTD (933,458 shares); cash and investments $134.2M.
- Expects FY2022 total revenue growth of 20-25% YoY.