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Sep 30, 2020
PDF Solutions Q3 2020 Earnings Report
Announced third quarter 2020 results, showing revenue increase and a shift in revenue composition.
Key Takeaways
PDF Solutions reported a 5% increase in total revenue compared to the same quarter last year, with analytics revenue growing by 13%. The company's GAAP net loss was $2.7 million, while non-GAAP net income was $0.1 million. Cash, cash equivalents, and short-term investments totaled $168.4 million.
Total revenues reached $23.1 million, a 5% increase year-over-year.
Analytics revenue grew to $14.3 million, up 13% compared to last year.
Analytics accounted for 62% of the company's third-quarter revenues.
Cash, cash equivalents, and short-term investments were $168.4 million at the end of the third quarter.
Forward Guidance
The statements planned to be made on the planned conference call regarding the Company’s future expected business performance and financial results and the Company’s recent strategic agreement with Advantest are forward looking and are subject to future events and circumstances.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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