PDF Solutions reported total revenues of $24.2 million for the first quarter of 2021, a 14% increase compared to the first quarter of 2020. Analytics revenue grew by 46% year-over-year, accounting for 80% of total revenues. The company's GAAP net loss was $7.6 million, or ($0.21) per basic and diluted share, while non-GAAP net loss was $1.9 million, or ($0.05) per diluted share.
Total revenues of $24.2 million, up 14% over last year’s comparable quarter
Analytics revenue of $19.4 million, up 46% over last year’s comparable quarter
Analytics revenue accounted for 80% of total revenues
Ended the quarter with cash, cash equivalents, and short-term investments of $132.3 million
For the full year, PDF Solutions expects Analytics revenues to grow in excess of their 20% annual target and for total revenues to approach 20% annual growth.
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