비즈니스 및 기타 하이라이트
- Record total revenues of $34.7 million, up 26% over last year’s comparable quarter
- Analytics revenue of $31.1 million, up 59% over last year’s comparable quarter
- Analytics revenue accounted for 90% of total revenues
- Backlog of $184.4 million as of June 30, 2022, up 33% compared to backlog as of June 30, 2021
- GAAP Gross Margin of 65% for the second quarter of 2022
- Non-GAAP Gross Margin of 69% for the second quarter of 2022
- Operating activities provided $3.6 million in cash during the second quarter of 2022
- Completed share repurchase of $16.7 million during the second quarter of 2022, totaling $22.5 million of share repurchase for the first half of 2022
- Cash, cash equivalents, and short-term investments of $117.2 million as of June 30, 2022
- Expect full year 2022 total revenues to grow approximately 25% on a year-over-year basis
Santa Clara, CA, August 11, 2022, – PDF Solutions, Inc. (Nasdaq: PDFS), a leading provider of unified data and cloud analytics for the semiconductor ecosystem, today announced financial results for its second quarter ended June 30, 2022.
Highlights of Second Quarter 2022 Financial Results
Total revenues for the second quarter of 2022 were $34.7 million, compared to $33.5 million for the first quarter of 2022 and $27.4 million for the second quarter of 2021. Analytics revenue for the second quarter of 2022 was $31.1 million, compared to $30.4 million for the first quarter of 2022 and $19.6 million for the second quarter of 2021. Integrated Yield Ramp revenue for the second quarter of 2022 was $3.6 million, compared to $3.1 million for the first quarter of 2022 and $7.8 million for the second quarter of 2021.
GAAP gross margin for the second quarter of 2022 was 65%, compared to 66% for the first quarter of 2022 and 61% for the second quarter of 2021.
Non-GAAP gross margin for the second quarter of 2022 was 69%, compared to 69% for the first quarter of 2022 and 65% for the second quarter of 2021.
On a GAAP basis, net loss for the second quarter of 2022 was $1.1 million, or ($0.03) per basic and diluted share, compared to a net loss of $4.2 million, or ($0.11) per basic and diluted share, for the first quarter of 2022, and net loss of $4.5 million, or ($0.12) per basic and diluted share, for the second quarter of 2021.
Non-GAAP net income for the second quarter of 2022 was $4.3 million, or $0.11 per diluted share, compared to a non-GAAP net income of $3.7 million, or $0.09 per diluted share, for the first quarter of 2022, and non-GAAP net loss of $0.3 million, or ($0.01) per diluted share, for the second quarter of 2021.
Cash, cash equivalents and short-term investments at June 30, 2022, were $117.2 million, compared to $140.2 million at December 31, 2021, a decrease of $23.0 million, primarily due to the $22.5 million of share repurchases during the first half of 2022. Cash provided by operating activities was $3.6 million for the second quarter of 2022.
전화 회의
As previously announced, PDF Solutions will discuss these results on a live conference call beginning at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time today. The call will be simultaneously webcast on PDF Solutions’ website at http://ir.pdf.com/webcasts. A replay of the webcast will be available at the same website address beginning approximately two hours after completion of the live call. A copy of this press release, including the disclosure and reconciliation of certain non-GAAP financial measures to the comparable GAAP measures, which non-GAAP measures may be used periodically by PDF Solutions’ management when discussing financial results with investors and analysts, will also be available on PDF Solutions’ website at http://www.pdf.com/press-releases following the date of this release.
Second Quarter 2022 Financial Commentary Available Online
A Management Report reviewing the Company’s second quarter 2022 financial results will be furnished to the Securities and Exchange Commission 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 gross margin excludes stock-based compensation expense and the amortization of acquired technology. Non-GAAP net income (loss) excludes the effects of certain non-recurring items (including expenses related to an arbitration proceeding for a disputed contract with a customer), 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 valuation allowance for deferred tax assets. 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 expenses related to an arbitration proceeding for a disputed contract with a customer) 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 press release and the planned conference call include forward-looking statements regarding the Company’s future expected business performance and financial results, including expectations about total revenues for full year 2022, that 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: continued adoption of the Company’s solutions by new and existing customers; project milestones or delays and performance criteria achieved; cost and schedule of new product development; the impact of inflation; the provision of technology and services prior to the execution of a final contract; the continuing impact of the coronavirus (COVID-19) on the semiconductor industry and on the Company’s operations or supply and demand for the Company’s products; the time required of the Company’s executive management for, and the expenses related to, as well as the success of the Company’s strategic growth opportunities and partnerships, including its partnership with Advantest Corporation; our ability to successfully integrate the acquired businesses and technologies; whether we can successfully convert our backlog into revenue; customers’ production volumes under contracts that provide Gainshare royalties; 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, 2021, 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 조직이 제품의 수율과 품질을 높이고 운영 효율성을 개선하여 수익성을 높일 수 있도록 설계된 포괄적인 클라우드 분석 플랫폼을 제공합니다. 이 회사의 제품과 서비스는 반도체 생태계 전반의 포춘 500대 기업에서 장비를 연결 및 제어하고, 제조 및 테스트 작업 중에 데이터를 수집하며, 고급 분석 및 머신 러닝을 수행하여 수익성 있는 대량 생산을 촉진함으로써 비즈니스 결과에 영향을 미치고 스마트 제조 목표를 달성하는 데 사용됩니다.
1991년에 설립된 PDF Solutions는 캘리포니아주 산타클라라에 본사를 두고 있으며 북미, 유럽 및 아시아 전역에서 사업을 운영하고 있습니다. 회사는 (직접 또는 하나 이상의 자회사를 통해) SEMI, INEMI, TPCA, IPC, OPC 재단 및 DMDII의 정회원입니다. PDF 솔루션에 대한 최신 뉴스와 정보는 https://www.pdf.com 에서 확인할 수 있습니다 .
PDF Solutions 및 PDF Solutions 로고는 PDF Solutions, Inc. 또는 그 자회사의 상표 또는 등록 상표입니다. 이 문서에 인용된 기타 모든 상표는 해당 소유자의 자산입니다.
회사 연락처
아드난 라자
최고 재무 책임자
(408) 516-0237
[이메일 보호]
소니아 세고비아
투자자 관계
(408) 938-6491
[이메일 보호]