Business
PDF Solutions® Reports Second Quarter 2021 Results
Business Highlights Total revenues of $27.4 million for the second quarter of 2021, up 28% over the second quarter of 2020Analytics revenue of $19.6 million
About this update from Pdf Solutions, Inc.
[{"type":"text","content":"Business Highlights Total revenues of $27.4 million for the second quarter of 2021, up 28% over the second quarter of 2020Analytics revenue of $19.6 million for the second quarter, up 29% over the second quarter of 2020Bookings for first half of 2021 up approximately 60% compared to the first half of 2020Backlog ending Q2 2021 up 118% to $138.6 million compared to backlog as of June 30, 2020GAAP Gross Margin of 61% for the second quarter of 2021Non-GAAP Gross Margin of 63% for the second quarter of 2021Operating activities provided $8.1 million in cash during the second quarter of 2021Ended the quarter with cash, cash equivalents, and short-term investments of $139.2 millionExpect total revenues for calendar year 2021 to grow between 20-25% compared to calendar year 2020Expect Analytics revenue for calendar year 2021 to grow more than 30% compared to calendar year 2020 SANTA CLARA, Calif., Aug. 10, 2021 (GLOBE NEWSWIRE) -- PDF Solutions, Inc. (Nasdaq: PDFS), a leading provider of comprehensive data solutions for the semiconductor ecosystem, today announced financial results for its second quarter ended June 30, 2021. Highlights of Second Quarter 2021 Financial Results Total revenues for the second quarter of 2021 were $27.4 million, compared to $24.2 million for the first quarter of 2021 and $21.4 million for the second quarter of 2020. Analytics revenue for the second quarter of 2021 was $19.6 million, compared to $19.4 million for the first quarter of 2021 and $15.2 million for the second quarter of 2020. Integrated Yield Ramp revenue for the second quarter of 2021 was $7.8 million, compared to $4.8 million for first quarter of 2021 and $6.2 million for the second quarter of 2020. GAAP gross margin for the second quarter of 2021 was 61%, compared to 56% for the first quarter of 2021 and 58% for the second quarter of 2020. Non-GAAP gross margin for the second quarter of 2021 was 65%, compared to 61% for the first quarter of 2021 and 63% for the second quarter of 2020. On a GAAP basis, net loss for the second quarter of 2021 was $4.5 million, or $(0.12) per basic and diluted share, compared to a net loss of $7.6 million, or $(0.21) per basic and diluted share, for the first quarter of 2021, and compared to a net loss of $3.7 million, or $(0.11) per basic and diluted share, for the second quarter of 2020. Non-GAAP net loss for th...