PDF Solutions reported total revenues of $21.4 million, a 4% increase over the second quarter of 2019. Analytics revenue grew by 27% to $15.2 million, representing 71% of total revenues. The company generated $5.2 million in cash from operating activities and held $103.4 million in cash and cash equivalents at the end of the quarter. However, the company reported a GAAP net loss of $3.7 million, or ($0.11) per basic and diluted share.
Total revenues reached $21.4 million, up 4% year-over-year.
Analytics revenue increased by 27% year-over-year, totaling $15.2 million.
Analytics accounted for 71% of second quarter revenues.
Operating activities generated $5.2 million in cash during the second quarter of 2020.
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