PDF Solutions reported record quarterly revenues of $40.5 million, up 36% year-over-year. GAAP EPS was $0.01, and non-GAAP EPS was $0.19. The company's strong performance in 2022 positions it well for continued growth in 2023.
Record quarterly revenues of $40.5 million, a 36% increase year-over-year.
GAAP gross margin of 71% and Non-GAAP gross margin of 74%.
GAAP diluted earnings per share (EPS) of $0.01 and non-GAAP diluted EPS of $0.19.
Record backlog of $277.7 million as of December 31, 2022, up 55% year over year
Despite macroenvironment headwinds and a high revenue base from the strong performance in 2022, PDF Solutions expects 2023 revenue growth rate to approach mid-teens percent on a year-over-year basis, benefiting from its strong backlog.
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