PDF Solutions (NASDAQ:PDFS) Releases Quarterly Earnings Results, Misses Expectations By $0.15 EPS

PDF Solutions (NASDAQ:PDFS) announced its quarterly earnings results on Thursday. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.15), Zacks reports. PDF Solutions had a net margin of 2.58% and a return on equity of 3.24%.

PDF Solutions Stock Up 2.9 %

Shares of NASDAQ PDFS traded up $0.79 during trading on Thursday, reaching $28.08. The company had a trading volume of 181,132 shares, compared to its average volume of 188,404. PDF Solutions has a 12-month low of $25.61 and a 12-month high of $39.70. The business’s 50-day moving average is $28.27 and its 200 day moving average is $29.79. The stock has a market cap of $1.09 billion, a PE ratio of 255.30 and a beta of 1.52.

Insider Transactions at PDF Solutions

In related news, Director Nancy Erba sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $30.81, for a total value of $61,620.00. Following the transaction, the director now directly owns 13,739 shares of the company’s stock, valued at approximately $423,298.59. This represents a 12.71 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Andrzej Strojwas sold 5,030 shares of PDF Solutions stock in a transaction on Monday, December 16th. The stock was sold at an average price of $30.85, for a total value of $155,175.50. Following the completion of the sale, the insider now directly owns 94,717 shares of the company’s stock, valued at approximately $2,922,019.45. The trade was a 5.04 % decrease in their position. The disclosure for this sale can be found here. 11.13% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages have recently issued reports on PDFS. Northland Securities reissued an “outperform” rating and issued a $45.00 target price on shares of PDF Solutions in a research report on Tuesday, December 24th. StockNews.com upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $40.00 price objective on shares of PDF Solutions in a research note on Friday, November 8th.

About PDF Solutions

PDF Solutions, Inc provides proprietary software and physical intellectual property products for integrated circuit designs, electrical measurement hardware tools, proven methodologies, and professional services in the United States, China, Japan, and internationally. The company offers Exensio software products, such as Manufacturing Analytics that store collected data in a common environment with a consistent view for enabling product engineers to identify and analyze production yield, performance, reliability, and other issues; Process Control that provides failure detection and classification capabilities for monitoring, alarming, and controlling manufacturing tool sets; Test Operations that offer data collection and analysis capabilities; and Assembly Operations that provide device manufacturers with the capability to link assembly and packaging data, including fabrication and characterization data over the product life cycle.