NASDAQ$PDFS

PDF Solutions Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Announced financial results for the fourth quarter and full year ended December 31, 2019.

PDF Solutions reported Q4 2019 total revenues of $22.6 million, with Analytics revenue at $13.5 million and Integrated Yield Ramp revenue at $9.1 million. The company's GAAP net loss was $1.3 million, or ($0.04) per basic and diluted share. Cash and cash equivalents were $97.6 million at the end of 2019.

  • Analytics revenue grew by 29% for full year 2019 year-over-year
  • Analytics accounted for 58% of total 2019 full year revenues
  • GAAP gross margins expanded to 61% from 50% year-over-year
  • Non-GAAP gross margins expanded to 65% from 55% year-over-year

Headline financials

Total Revenue

$22.6M

Previous: $19.7M+14.4%
EPS (adj)

$0.03

Previous: -$0.01+400.0%
GAAP Gross Margin

60.0%

Previous: 51.0%+17.6%
Non-GAAP Gross Margin

64.0%

Previous: 55.0%+16.4%
Capital Expenditures

$3.66M

Previous: $4.37M-16.2%
Free Cash Flow

-$2.08M

Previous: -$74K-2713.5%
Net Income

-$1.3M

Previous: -$3.11M+58.3%
Gross Profit

$0.00

Previous: $10M-100.0%
Cash & Equivalents

$97.6M

Previous: $96.1M+1.6%
Total Assets

$240M

Previous: $226M+6.0%
Stock-Based Comp

$2.78M

Previous: $2.47M+12.6%

Revenue & EPS history

PDF Solutions · Revenue · Quarterly

$22.6M

Q4 2019+14.4%vs Q4 2018
Beat estimate in 4 of 16 quarters(25%)
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.

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 Q4 2019

Historical avgQ4 2019

+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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