PDF Solutions reported a total revenue of $29.9 million for the fourth quarter of 2021, compared to $22.4 million for the fourth quarter of 2020. The GAAP gross margin for the fourth quarter of 2021 was 61%, and the non-GAAP gross margin was 65%. On a GAAP basis, net loss for the fourth quarter of 2021 was $7.0 million, or ($0.19) per basic and diluted share. Non-GAAP net income for the fourth quarter of 2021 was $2.8 million, or $0.07 per diluted share.
Record total full year 2021 revenues of $111.1 million, up 26% year over year
Analytics revenue accounted for 84% of total 2021 full year revenues
Bookings for full year 2021 up more than 40% compared to full year 2020 bookings
Backlog of $179.5 million as of December 31, 2021, up 66% compared to backlog as of December 31, 2020
Expect full year 2022 total revenues to grow greater than 20% on a year-over-year basis
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