NASDAQ$PDFS

PDF Solutions Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported first quarter 2020 results.

PDF Solutions reported a total revenue of $21.2 million for Q1 2020, a 3% increase compared to Q1 2019. The company's analytics revenue grew by 16% year-over-year, accounting for 63% of the total revenue. The company generated $5.4 million in cash from operating activities and held $100.4 million in cash and cash equivalents at the end of the quarter.

  • Total revenues reached $21.2 million, a 3% increase year-over-year.
  • Analytics revenues grew by 16% to $13.2 million, representing 63% of total revenues.
  • GAAP Gross Margin was 60% for the first quarter of 2020.
  • Operating activities generated $5.4 million in cash during the first quarter of 2020.

Headline financials

Total Revenue

$21.2M

Previous: $20.5M+3.0%
EPS (adj)

-$0.02

Previous: $0.03-153.8%
GAAP Gross Margin

60.0%

Previous: 62.0%-3.2%
Non-GAAP Gross Margin

65.0%

Previous: 67.0%-3.0%
Capital Expenditures

-$2.07M

Previous: -$2.36M+12.3%
Free Cash Flow

-$2.6M

Previous: -$5.05M+48.6%
Net Income

-$528K

Previous: -$2.69M+80.4%
Operating Income

-$26.6M

Previous: -$2.78M-856.2%
Gross Profit

$12.7M

Previous: $12.7M-0.0%
Cash & Equivalents

$100M

Previous: $90.4M+11.0%
Total Assets

$239M

Previous: $233M+2.9%
Stock-Based Comp

$3.37M

Previous: $3.48M-3.1%

Revenue & EPS history

PDF Solutions · Revenue · Quarterly

$21.2M

Q1 2020+3%vs Q1 2019
Beat estimate in 3 of 16 quarters(19%)
ActualEstimate

Forward guidance

The statements planned to be made on the planned conference call regarding the Company’s future expected business performance and financial results are forward looking and are subject to future events and circumstances. Actual results could differ materially from those expressed in these forward-looking statements.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+0.8%

Avg return

Earnings day

-1.2%

Avg return

5 days after

-0.7%

Avg return

30 days after

57%

37 / 65 earnings

Positive

+28.1%

Q3 2022

Best reaction

-19.5%

Q1 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+8.4%+8.1%+7.9%
Q4 2025+4.9%+3.6%-1.1%
Q3 2025-3.5%-5.5%+8.2%
Q1 2025-6.0%+1.5%-1.8%
Q4 2024-18.2%-21.6%-22.8%
Q3 2024+5.7%+4.7%-3.7%
Q2 2024+8.5%+11.7%+0.3%
Q1 2024+5.7%+4.3%+5.3%
Q4 2023+3.3%+4.2%-4.1%
Q3 2023+1.1%+5.8%+9.1%
Q2 2023-14.9%-19.1%-21.6%
Q1 2023-13.0%-7.7%+13.1%
Q4 2022+11.1%+11.1%+16.5%
Q3 2022+28.1%+28.8%+28.7%
Q2 2022+4.3%+1.5%-3.4%
Q1 2022+4.3%+7.5%-2.6%
Q4 2021+1.0%-12.0%-7.9%
Q3 2021+26.3%+31.1%+23.6%
Q2 2021+14.2%+11.4%+20.6%
Q1 2021+3.2%-5.5%-7.6%
Q4 2020-14.9%-17.4%-18.6%
Q3 2020+1.7%-2.0%+13.2%
Q2 2020-12.2%-13.6%-23.4%
Q1 2020+9.0%+3.1%+15.1%
Q4 2019-3.7%-6.5%-39.9%
Q3 2019+0.1%-4.2%-3.9%
Q2 2019-4.5%-10.0%-12.3%
Q1 2019+5.8%+6.2%-6.4%
Q4 2018+14.4%+16.1%+27.1%
Q3 2018+5.1%+0.2%-0.8%
Q2 2018-6.4%-10.4%-18.1%
Q1 2018-16.2%-7.0%+7.8%
Q4 2017-11.1%-13.9%-4.7%
Q3 2017-7.9%-5.8%+13.0%
Q2 2017-14.3%-18.6%-25.7%
Q1 2017-19.5%-27.2%-30.1%
Q4 2016-1.8%-2.6%-4.8%
Q3 2016+3.4%+0.3%+23.4%
Q2 2016+2.7%+3.8%+5.9%
Q1 2016-3.9%
Q4 2015+12.6%
Q3 2015-3.3%
Q2 2015+10.8%
Q1 2015-14.0%
Q4 2014+2.9%
Q3 2014+6.2%
Q2 2014-2.6%
Q1 2014+5.0%
Q4 2013+4.6%
Q3 2013+0.4%
Q2 2013+4.5%
Q1 2013+13.7%
Q4 2012+6.0%
Q3 2012+0.7%
Q2 2012+7.5%
Q1 2011-2.1%
Q1 2012+16.1%
Q4 2009-3.1%
Q4 2011-3.1%
Q3 2011-3.0%
Q2 2011-4.0%
Q2 2010-4.0%
Q4 2010-4.0%
Q3 2010-0.2%
Q1 2010+5.3%

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