PDF Solutions reported a strong second quarter in 2023, achieving record quarterly revenues of $41.6 million, a 20% increase year-over-year. The company's GAAP EPS was $0.17, and non-GAAP EPS was $0.19. These results reflect the company's continued growth and profitability.
Record quarterly revenues reached $41.6 million, up 20% year-over-year.
GAAP gross margin was 70%, and non-GAAP gross margin was 74%.
GAAP diluted earnings per share (EPS) was $0.17, and non-GAAP diluted EPS was $0.19.
Cash, cash equivalents and short-term investments totaled $124.0 million as of June 30, 2023.
The company anticipates a lower double digit percent revenue growth rate for 2023 on a year-over-year basis.
Analyze how earnings announcements historically affect stock price performance