PDF Solutions, Inc. (PDFS) Expected to Announce Earnings of -$0.03 Per Share

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Equities analysts expect PDF Solutions, Inc. (NASDAQ:PDFS) to announce earnings of ($0.03) per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for PDF Solutions’ earnings. PDF Solutions posted earnings of $0.13 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 123.1%. The business is expected to issue its next quarterly earnings results after the market closes on Thursday, February 14th.

According to Zacks, analysts expect that PDF Solutions will report full-year earnings of $0.07 per share for the current year, with EPS estimates ranging from $0.06 to $0.07. For the next fiscal year, analysts forecast that the firm will post earnings of $0.26 per share, with EPS estimates ranging from $0.25 to $0.26. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for PDF Solutions.

PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings data on Thursday, November 8th. The technology company reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.01. PDF Solutions had a negative return on equity of 3.61% and a negative net margin of 7.79%. The company had revenue of $20.21 million during the quarter, compared to analysts’ expectations of $21.20 million. During the same period in the prior year, the firm earned $0.11 earnings per share. PDF Solutions’s revenue for the quarter was down 23.8% compared to the same quarter last year.

A number of equities analysts have recently weighed in on the company. BidaskClub upgraded PDF Solutions from a “strong sell” rating to a “sell” rating in a research note on Friday, October 12th. Zacks Investment Research raised PDF Solutions from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 31st. Finally, ValuEngine raised PDF Solutions from a “sell” rating to a “hold” rating in a report on Saturday, December 1st. Three analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $12.00.

Several institutional investors and hedge funds have recently modified their holdings of PDFS. BlackRock Inc. boosted its stake in shares of PDF Solutions by 6.9% in the 2nd quarter. BlackRock Inc. now owns 3,868,851 shares of the technology company’s stock worth $46,350,000 after buying an additional 249,043 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of PDF Solutions by 3.0% in the second quarter. Dimensional Fund Advisors LP now owns 1,603,995 shares of the technology company’s stock worth $19,216,000 after purchasing an additional 47,012 shares during the period. Russell Investments Group Ltd. increased its holdings in shares of PDF Solutions by 26.3% in the third quarter. Russell Investments Group Ltd. now owns 63,298 shares of the technology company’s stock worth $572,000 after purchasing an additional 13,196 shares during the period. Engineers Gate Manager LP purchased a new position in PDF Solutions in the third quarter worth $314,000. Finally, Cutler Group LP grew its position in PDF Solutions by 1,975.5% in the third quarter. Cutler Group LP now owns 22,830 shares of the technology company’s stock worth $206,000 after acquiring an additional 21,730 shares in the last quarter. Institutional investors own 84.29% of the company’s stock.

PDFS traded down $0.20 on Friday, hitting $10.24. 78,944 shares of the company were exchanged, compared to its average volume of 132,505. The firm has a market capitalization of $330.55 million, a PE ratio of -256.00 and a beta of 1.24. PDF Solutions has a 12 month low of $7.56 and a 12 month high of $13.98.

PDF Solutions Company Profile

PDF Solutions, Inc provides infrastructure technologies and services to enhance yield and optimize performance of integrated circuits (IC) in the United States, Germany, Taiwan, China, and internationally. It offers manufacturing process solutions; volume manufacturing solutions; design-for-inspection (DFI) solutions; and design-for-manufacturability (DFM) solutions.

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