PDF Solutions (NASDAQ:PDFS) released its earnings results on Thursday. The technology company reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.01, Morningstar.com reports. PDF Solutions had a negative return on equity of 2.28% and a negative net margin of 4.60%. The business had revenue of $20.21 million during the quarter, compared to the consensus estimate of $21.20 million. During the same period last year, the company earned $0.11 earnings per share. The business’s revenue for the quarter was down 23.8% compared to the same quarter last year.

Shares of NASDAQ:PDFS traded up $0.50 on Friday, hitting $8.94. 535,275 shares of the company’s stock were exchanged, compared to its average volume of 265,042. PDF Solutions has a 12 month low of $7.56 and a 12 month high of $18.48. The company has a market cap of $273.52 million, a price-to-earnings ratio of -223.50 and a beta of 1.10.

Large investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC bought a new stake in shares of PDF Solutions in the second quarter valued at about $139,000. Cutler Group LP raised its holdings in shares of PDF Solutions by 1,975.5% in the third quarter. Cutler Group LP now owns 22,830 shares of the technology company’s stock valued at $206,000 after acquiring an additional 21,730 shares in the last quarter. Engineers Gate Manager LP bought a new stake in shares of PDF Solutions in the third quarter valued at about $314,000. Brown Advisory Inc. raised its holdings in shares of PDF Solutions by 43.5% in the first quarter. Brown Advisory Inc. now owns 27,926 shares of the technology company’s stock valued at $326,000 after acquiring an additional 8,460 shares in the last quarter. Finally, Keybank National Association OH raised its holdings in shares of PDF Solutions by 27.3% in the second quarter. Keybank National Association OH now owns 38,424 shares of the technology company’s stock valued at $460,000 after acquiring an additional 8,238 shares in the last quarter. Institutional investors and hedge funds own 86.47% of the company’s stock.

PDFS has been the subject of several research analyst reports. DA Davidson reiterated a “buy” rating on shares of PDF Solutions in a research report on Friday, August 3rd. TheStreet downgraded PDF Solutions from a “c-” rating to a “d+” rating in a research report on Thursday, September 6th. Zacks Investment Research upgraded PDF Solutions from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 31st. BidaskClub downgraded PDF Solutions from a “hold” rating to a “sell” rating in a research report on Friday, July 13th. Finally, ValuEngine upgraded PDF Solutions from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 2nd. Two analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. PDF Solutions presently has an average rating of “Hold” and an average target price of $13.00.

ILLEGAL ACTIVITY NOTICE: “PDF Solutions (PDFS) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS” was first posted by Daily Political and is the property of of Daily Political. If you are reading this report on another domain, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright laws. The original version of this report can be read at https://www.dailypolitical.com/2018/11/10/pdf-solutions-pdfs-posts-quarterly-earnings-results-beats-expectations-by-0-01-eps.html.

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.

Featured Story: How to Invest in Growth Stocks

Earnings History for PDF Solutions (NASDAQ:PDFS)

Receive News & Ratings for PDF Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PDF Solutions and related companies with MarketBeat.com's FREE daily email newsletter.