PDF Solutions Exceeds Q3 EPS Expectations and Projects Strong Revenue Growth
Intellectia.AI2024-11-08
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Illustration by Intellectia.AI
PDF Solutions has reported its financial results for the third quarter, showcasing a strong performance with earnings per share (EPS) of 25 cents, surpassing the consensus estimate of 20 cents. The company also reported revenue of $46.41 million, slightly ahead of the expected $46.2 million. CEO and President John Kibarian expressed satisfaction with the results, highlighting that bookings for the first nine months of 2024 have already surpassed the total bookings for 2023. Looking forward, PDF Solutions anticipates a year-over-year revenue growth in the fourth quarter that aligns with its long-term target of 20%.
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