Recap: PDF Solutions Q3 Earnings
Portfolio Pulse from Benzinga Insights
PDF Solutions (NASDAQ:PDFS) reported its Q3 earnings results, beating estimated earnings by 33.33% with an EPS of $0.2 versus an estimate of $0.15. Revenue was up $2.49 million from the same period last year. Last quarter, the company beat on EPS by $0.04, which was followed by a 12.93% drop in the share price the next day.
November 08, 2023 | 9:40 pm
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PDF Solutions reported a strong Q3 earnings beat, but past performance shows a share price drop following a similar beat last quarter.
PDF Solutions reported a strong Q3 earnings beat, which is generally a positive signal. However, the company's share price dropped significantly following a similar earnings beat last quarter, suggesting that investors may have different expectations. This creates uncertainty about the short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100