PDF Solutions Expects H1'24 Revenue To Be Flat Y/Y And Revenue To Grow By 20% In H2'24
Portfolio Pulse from Benzinga Newsdesk
PDF Solutions projects H1'24 revenue to remain flat year-over-year, with a 20% revenue growth expected in H2'24. The forecast reflects short-term semiconductor industry weakness and long-term growth potential from distributed manufacturing, energy electrification, and AI.
February 15, 2024 | 9:42 pm
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PDF Solutions expects flat revenue in H1'24 but anticipates a 20% growth in H2'24, influenced by industry trends.
The company's projection of flat revenue in the first half of 2024 followed by a significant growth in the second half is likely to create a mixed short-term sentiment among investors. The anticipation of growth due to macro trends such as distributed manufacturing, energy electrification, and AI could drive positive investor sentiment towards the latter part of the year.
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