PDF Solutions® Reports Second Quarter 2024 Results

Founded in 1991, PDF Solutions is headquartered in Santa Clara, California, with operations across North America, Europe, and Asia. The Company (directly or through one or more subsidiaries) is an active member of SEMI, INEMI, TPCA, IPC, the OPC Foundation, and DMDII. For the latest news and information about PDF Solutions or to find office locations, visit https://www.pdf.com.

PDF Solutions and the PDF Solutions logo are trademarks or registered trademarks of PDF Solutions, Inc. or its subsidiaries.

PDF SOLUTIONS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(In thousands)

      
  June 30,  December 31,
  2024  2023
      
ASSETS     
Current assets:     
Cash and cash equivalents$91,987  $98,978 
Short-term investments 25,888   36,544 
Accounts receivable, net 56,410   44,904 
Prepaid expenses and other current assets 19,007   17,422 
Total current assets 193,292   197,848 
Property and equipment, net 40,707   37,338 
Operating lease right-of-use assets, net 4,424   4,926 
Goodwill 14,996   15,029 
Intangible assets, net 13,897   15,620 
Deferred tax assets, net 145     157  
Other non-current assets   30,538       19,218  
Total assets $ 297,999     $ 290,136  
           
LIABILITIES AND STOCKHOLDERS’ EQUITY          
Current liabilities:          
Accounts payable $ 4,219     $ 2,561  
Accrued compensation and related benefits   11,468       14,800  
Accrued and other current liabilities   5,994       4,633  
Operating lease liabilities ‒ current portion   1,609       1,529  
Deferred revenues ‒ current portion   31,662       25,750  
Billings in excess of recognized revenues   512       1,570  
Total current liabilities   55,464       50,843  
Long-term income taxes   2,668       2,972  
Non-current operating lease liabilities   4,003       4,657  
Other non-current liabilities   3,711       2,718  
Total liabilities   65,846       61,190  
           
Stockholders’ equity:          
Common stock and additional paid-in capital   487,225       473,301  
Treasury stock at cost   (155,084 )     (143,923 )
Accumulated deficit   (96,733 )     (98,045 )
Accumulated other comprehensive loss   (3,255 )     (2,387 )
Total stockholders’ equity   232,153       228,946  
Total liabilities and stockholders’ equity $ 297,999     $ 290,136  
               

« Previous Page 1 | 2 | 3 | 4 | 5 | 6  Next Page »



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise