NASDAQ$PDFS

PDF Solutions Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Announced third quarter 2020 results, showing revenue increase and a shift in revenue composition.

PDF Solutions reported a 5% increase in total revenue compared to the same quarter last year, with analytics revenue growing by 13%. The company's GAAP net loss was $2.7 million, while non-GAAP net income was $0.1 million. Cash, cash equivalents, and short-term investments totaled $168.4 million.

  • Total revenues reached $23.1 million, a 5% increase year-over-year.
  • Analytics revenue grew to $14.3 million, up 13% compared to last year.
  • Analytics accounted for 62% of the company's third-quarter revenues.
  • Cash, cash equivalents, and short-term investments were $168.4 million at the end of the third quarter.

Headline financials

Total Revenue

$23.1M

Previous: $21.9M+5.5%
EPS (adj)

-$0.08

Previous: $0.05-254.1%
GAAP Gross Margin

59.0%

Previous: 60.0%-1.7%
Non-GAAP Gross Margin

63.0%

Previous: 64.0%-1.6%
Capital Expenditures

-$4.79M

Previous: -$6.89M+30.5%
Free Cash Flow

-$7.52M

Previous: -$7.58M+0.8%
Net Income

-$2.73M

Previous: -$687K-298.0%
Operating Income

-$27.6M

Previous: -$1.4M-1869.3%
Gross Profit

$13.6M

Previous: $13.2M+3.2%
Cash & Equivalents

$168M

Previous: $100M+68.0%
Total Assets

$311M

Previous: $229M+35.4%
Stock-Based Comp

$3.13M

Previous: $2.73M+14.6%

Revenue & EPS history

PDF Solutions · Revenue · Quarterly

$23.1M

Q3 2020+5.5%vs Q3 2019
Beat estimate in 5 of 16 quarters(31%)
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 and the Company’s recent strategic agreement with Advantest are forward looking and are subject to future events and circumstances.

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 Q3 2020

Historical avgQ3 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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