PDF Solutions, Inc. announced its first quarter 2025 financial results with total revenues of $47.8 million, a 16% increase year-over-year. The company reported a GAAP net loss of $3.0 million, or ($0.08) per diluted share, but a non-GAAP net income of $8.1 million, or $0.21 per diluted share. The quarter also saw the acquisition of SecureWise LLC.
Total revenues for Q1 2025 were $47.8 million, marking a 16% increase compared to the same quarter last year.
Analytics revenue reached $42.5 million, up 10% year-over-year.
GAAP gross margin improved to 73%, and non-GAAP gross margin was 77%.
The company completed the acquisition of SecureWise LLC, financed by $70.0 million in new bank debt and cash on hand.
PDF Solutions reaffirms its annual revenue growth guidance for 2025, expecting growth in the range of 21-23%, driven by strong customer activity, platform development, and the recent acquisition of SecureWise LLC.
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