PDF Solutions Q2 revenue slightly beats estimates as it wins major customers

PDF Solutions

06/08/2026 21:11

Overview
Semiconductor data solutions firm's Q2 revenue rose 19% yr/yr, slightly beating analyst expectations
Adjusted EPS for Q2 met analyst expectations
Company reaffirmed 20% annual revenue growth target for 2026, citing increased backlog and customer wins

Outlook
PDF Solutions reaffirms 20% annual revenue growth target for 2026
Company expects increased backlog to contribute to revenue for several years

Result Drivers
CUSTOMER WINS - Co said major customer wins for secureWISE, DirectScan, and Exensio offerings contributed to Q2 results
PORTFOLIO BREADTH - CEO said growth was enabled by a broad product and services portfolio addressing semiconductor manufacturing needs
BACKLOG INCREASE - Co said significantly increased backlog in Q2 is expected to add to revenue over a number of years

Company press release: ID:nGNX4rYtXf

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Beat*
$61.53 mln
$61.17 mln (5 Analysts)
Q2 Adjusted EPS
Meet
$0.27
$0.27 (5 Analysts)
Q2 EPS
 
$0.10
 
Q2 Adjusted Net Income
Slight Beat*
$11.40 mln
$11.38 mln (4 Analysts)
Q2 Net Income
 
$4.27 mln
 
Q2 Gross Margin
 
69.00%
 
Q2 Adjusted Gross Margin
 
73.00%
 
Q2 Pretax Profit
 
$4.62 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the semiconductor equipment & testing peer group is "buy"
Wall Street's median 12-month price target for PDF Solutions, Inc. is $60.00, about 21.3% above its August 5 closing price of $49.46
The stock recently traded at 34 times the next 12-month earnings vs. a P/E of 36 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)