secwatch.observer — SEC 8-K summary
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Issuer:     PDF SOLUTIONS INC (PDFS)
CIK:        0001120914
Form:       8-K
Filed at:   2022-05-12T23:59:59+00:00
Accession:  0001558370-22-008552
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PDF Solutions Q1 revenue $33.5M record; non-GAAP EPS $0.09 beats prior year loss
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1120914/000155837022008552/0001558370-22-008552-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1120914/000155837022008552/pdfs-20220512x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-008552

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer