PDF Solutions (NASDAQ:PDFS) released its quarterly earnings data on Thursday. The technology company reported ($0.06) EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.01, Morningstar.com reports. The firm had revenue of $20.21 million during the quarter, compared to the consensus estimate of $21.20 million. PDF Solutions had a negative net margin of 4.60% and a negative return on equity of 2.28%. The firm’s revenue was down 23.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.11 earnings per share.

PDF Solutions stock traded up $0.50 during mid-day trading on Friday, reaching $8.94. The company’s stock had a trading volume of 535,275 shares, compared to its average volume of 265,042. The company has a market cap of $273.52 million, a PE ratio of -223.50 and a beta of 1.10. PDF Solutions has a twelve month low of $7.56 and a twelve month high of $18.48.

A number of equities analysts have commented on PDFS shares. DA Davidson decreased their price objective on shares of PDF Solutions from $18.00 to $13.00 and set a “hold” rating for the company in a report on Wednesday, August 29th. TheStreet downgraded shares of PDF Solutions from a “c-” rating to a “d+” rating in a report on Thursday, September 6th. Zacks Investment Research raised shares of PDF Solutions from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 31st. BidaskClub raised shares of PDF Solutions from a “strong sell” rating to a “sell” rating in a report on Friday, October 12th. Finally, ValuEngine raised shares of PDF Solutions from a “strong sell” rating to a “sell” rating in a report on Thursday, August 2nd. Two research analysts have rated the stock with a sell rating and two have issued a hold rating to the stock. PDF Solutions currently has an average rating of “Hold” and a consensus price target of $13.00.

Several institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. boosted its holdings in shares of PDF Solutions by 2.9% during the third quarter. BlackRock Inc. now owns 3,982,768 shares of the technology company’s stock valued at $35,964,000 after acquiring an additional 113,917 shares during the period. OppenheimerFunds Inc. boosted its holdings in shares of PDF Solutions by 99.5% during the second quarter. OppenheimerFunds Inc. now owns 2,004,835 shares of the technology company’s stock valued at $24,018,000 after acquiring an additional 999,845 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of PDF Solutions by 3.0% during the second quarter. Dimensional Fund Advisors LP now owns 1,603,995 shares of the technology company’s stock valued at $19,216,000 after acquiring an additional 47,012 shares during the period. Divisar Capital Management LLC boosted its holdings in shares of PDF Solutions by 2.8% during the second quarter. Divisar Capital Management LLC now owns 1,452,205 shares of the technology company’s stock valued at $17,397,000 after acquiring an additional 39,129 shares during the period. Finally, Northern Trust Corp boosted its holdings in shares of PDF Solutions by 3.5% during the first quarter. Northern Trust Corp now owns 380,210 shares of the technology company’s stock valued at $4,434,000 after acquiring an additional 12,983 shares during the period. 86.47% of the stock is owned by institutional investors.

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About PDF Solutions

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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Earnings History for PDF Solutions (NASDAQ:PDFS)

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