비즈니스 하이라이트
- Total revenues of $21.4 million, up 4% over last year’s comparable quarter
- Analytics revenue of $15.2 million, up 27% over last year’s comparable quarter
- Analytics accounted for 71% of second quarter revenues
- GAAP Gross Margin of 58% for the second quarter of 2020
- Non-GAAP Gross Margin of 63% for the second quarter of 2020
- Operating activities generated $5.2 million in cash during the second quarter of 2020
- Cash and cash equivalents of $103.4 million at the end of second quarter of 2020
SANTA CLARA, Calif. — Thursday, August 6, 2020 — PDF Solutions, Inc. (“PDF Solutions” or the “Company”) (NASDAQ: PDFS), a leading provider of differentiated data and analytics solutions to the semiconductor and electronics industries, today announced financial results for its second quarter ended June 30, 2020.
Highlights of Second Quarter 2020 Financial Results
Total revenues for the second quarter of 2020 were $21.4 million, compared to $21.2 million for the first quarter of 2020 and $20.6 million for the second quarter of 2019. Analytics revenue for the second quarter of 2020 was $15.2 million, compared to $13.2 million for the first quarter of 2020 and $12.0 million for the second quarter of 2019. Integrated Yield Ramp revenue for the second quarter of 2020 was $6.2 million, compared to $7.9 million for the first quarter of 2020 and $8.6 million for the second quarter of 2019.
GAAP gross margin for the second quarter of 2020 was 58%, compared to 60% for the first quarter of 2020 and 62% for the second quarter of 2019.
Non-GAAP gross margin for the second quarter of 2020 was 63%, compared to 65% for the first quarter of 2020 and 67% for the second quarter of 2019.
On a GAAP basis, net loss for the second quarter of 2020 was $3.7 million, or ($0.11) per basic and diluted share, compared to a net loss of $0.5 million, or ($0.02) per basic and diluted share, for the first quarter of 2020, and compared to a net loss of $0.7 million, or ($0.02) per basic and diluted share, for the second quarter of 2019.
Non-GAAP net income for the second quarter of 2020 was $0.5 million, or $0.01 per diluted share, compared to a net loss of $0.1 million, or ($0.00) per diluted share, for the first quarter of 2020, and compared to net income of $1.0 million, or $0.03 per diluted share, for the second quarter of 2019.
Cash and cash equivalents at June 30, 2020, were $103.4 million, compared to $97.6 million at December 31, 2019, an increase of $5.8 million. Operating activities generated $5.2 million in cash during the second quarter of 2020.
전화 회의
앞서 발표한 대로 PDF 솔루션은 오늘 오후 2시(태평양 표준시/동부 표준시 오후 5시)부터 시작되는 라이브 컨퍼런스 콜에서 이러한 결과에 대해 논의할 예정입니다. 이 콜은 PDF Solutions 웹사이트( http://ir.pdf.com/webcasts)에서 동시에 웹캐스트됩니다. 웹캐스트는 생방송 종료 약 2시간 후부터 동일한 웹사이트 주소에서 다시 볼 수 있습니다. PDF 솔루션즈 경영진이 투자자 및 애널리스트와 재무 결과를 논의할 때 정기적으로 사용할 수 있는 비일반회계기준 재무 지표와 비교 가능한 일반회계기준 재무 지표의 공개 및 조정을 포함한 이 보도자료의 사본은 보도자료 발표일 이후 PDF 솔루션즈 웹사이트 /press-releases에서도 확인할 수 있다.
Second Quarter 2020 Financial Commentary Available Online
A Management Report reviewing the Company’s second quarter of 2020 financial results will be furnished to the SEC on Form 8-K and published on the Company’s website at http://ir.pdf.com/financial-reports. Analysts and investors are encouraged to review this commentary prior to participating in the conference call.
비일반회계기준 재무 척도 사용에 관한 정보
In addition to providing results that are determined in accordance with Generally Accepted Accounting Principles in the United States of America (GAAP), PDF Solutions also provides certain non-GAAP financial measures. Non-GAAP net income (loss) excludes the effects of non-recurring items (including restructuring charges and severance payments, and expenses related to an arbitration proceeding for a disputed contract with a customer), write-down in value of property and equipment, stock-based compensation expense, amortization of acquired technology and other acquired intangible assets, and their related income tax effects, as applicable, as well as adjustments for the non-cash portion of income taxes and tax impact of the CARES Act. These non-GAAP financial measures are used by management internally to measure the Company’s profitability and performance. PDF Solutions’ management believes that these non-GAAP measures provide useful supplemental information to investors regarding the Company’s ongoing operations in light of the fact that none of these categories of expense has a current effect on the future uses of cash (with the exception of certain non-recurring items) nor do they impact the generation of current or future revenues. These non-GAAP results should not be considered an alternative to, or a substitute for, GAAP financial information, and may differ from similarly titled non-GAAP measures used by other companies. In particular, these non-GAAP financial measures are not a substitute for GAAP measures of income or loss as a measure of performance, or to cash flows from operating, investing and financing activities as a measure of liquidity. Since management uses these non-GAAP financial measures internally to measure profitability and performance, PDF Solutions has included these non-GAAP measures to give investors an opportunity to see the Company’s financial results as viewed by management. A reconciliation of the comparable GAAP financial measures to the non-GAAP financial measures is provided at the end of the Company’s financial statements presented below.
미래예측 진술
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. Actual results could differ materially from those expressed in these forward-looking statements. Risks and uncertainties that could cause results to differ materially include risks associated with: customers’ production volumes under contracts that provide Gainshare royalties, cost and schedule of new product development; continued adoption of the Company’s solutions by new and existing customers; project milestones or delays and performance criteria achieved; the provision of technology and services prior to the execution of a final contract, the potential impact of the coronavirus (COVID-19) on the semiconductor industry and on the Company’s operations or demand for the Company’s products; the Company’s strategic partnerships; and other risks set forth in PDF Solutions’ periodic public filings with the Securities and Exchange Commission, including, without limitation, its Annual Reports on Form 10-K, most recently filed for the year ended December 31, 2019, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K and amendments to such reports. The forward-looking statements made in the conference call are made as of the date hereof, and PDF Solutions does not assume any obligation to update such statements nor the reasons why actual results could differ materially from those projected in such statements.
PDF 솔루션 정보
PDF Solutions(NASDAQ: PDFS)는 반도체 생태계 전반의 엔지니어와 데이터 과학자가 제품의 수율, 품질, 수익성을 빠르게 개선할 수 있도록 지원하는 엔드투엔드 분석 플랫폼을 제공합니다. 업계를 선도하는 데이터 분석 및 전문 서비스를 제조 과정에서 생성되는 독점적이고 차별화된 제품 데이터와 결합함으로써 PDF 솔루션은 생태계가 데이터를 수집, 분석 및 공유하는 방식을 혁신하여 오늘날 인더스트리 4.0의 약속을 실현하고 있습니다. 전 세계 주요 포춘 500대 기업들은 신제품 도입을 방해하고 제약하는 데이터 장벽을 제거하고 효율적이고 수익성 높은 대량 제조를 위한 머신 러닝 인사이트를 제공하기 위해 PDF 솔루션에 의존하고 있습니다.
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특성화 차량, 검사용 설계, DFI, Exensio, PDF 솔루션 및 PDF 솔루션 로고는 PDF Solutions, Inc. 또는 그 자회사의 상표 또는 등록 상표입니다.
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