PDF Solutions® Reports First Quarter 2024 Results
PDF SOLUTIONS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(In thousands, except per share amounts) | | | | | | | | | | | | |
Three months ended | | | |
March 31, | |
December 31, | |
March 31, | | | |
2024 | | |
2023 | | |
2023 | | | | | | | | | | | | | Revenues: | | | | | | | | | | | Analytics | | $ | 38,463 | | | $ | 39,128 | | | $ | 36,326 | | | Integrated yield ramp | | | 2,847 | | | | 1,997 | | | | 4,433 | | | Total revenues | | | 41,310 | | | | 41,125 | | | | 40,759 | | | | | | | | | | | | | | Costs and Expenses: | | | | | | | | | | | Costs of revenues | | | 13,529 | | | | 13,194 | | | | 11,904 | | | Research and development | | | 12,984 | | | | 12,308 | | | | 13,051 | | | Selling, general, and administrative | | | 16,498 | | | | 16,194 | | | | 15,645 | | | Amortization of acquired intangible assets | | | 259 | | | | 306 | | | | 325 | | | Interest and other expense (income), net | | | (1,692 | ) | | | (1,020 | ) | | | (911 | ) | | Income (loss) before income taxes | | | (268 | ) | | | 143 | | | | 745 | | | Income tax benefit (expense) | | | (125 | ) | | | 744 | | | | (390 | ) | | Net income (loss) | | $ | (393 | ) | | $ | 887 | | | $ | 355 | | | | | | | | | | | | | | Net income (loss) per share: | | | | | | | | | | | Basic | | $ | (0.01 | ) | | $ | 0.02 | | | $ | 0.01 | | | Diluted | | $ | (0.01 | ) | | $ | 0.02 | | | $ | 0.01 | | | | | | | | | | | | | | Weighted average common shares used to calculate net income (loss) per share: | | | | | | | | | | | Basic | | | 38,500 | | | | 38,269 | | | | 37,737 | | | Diluted | | | 38,500 | | | | 38,814 | | | | 38,859 | |
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