PDF Solutions Q2 2024 Adj. EPS $0.18 Beats $0.14 Estimate, Sales $41.661M Beat $41.466M Estimate
Portfolio Pulse from Benzinga Newsdesk
PDF Solutions (NASDAQ:PDFS) reported Q2 2024 adjusted EPS of $0.18, beating the $0.14 estimate. Sales were $41.661M, slightly above the $41.466M estimate. EPS decreased by 5.26% YoY, while sales increased by 0.14% YoY.
August 08, 2024 | 8:41 pm
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PDF Solutions reported Q2 2024 adjusted EPS of $0.18, beating the $0.14 estimate by 28.57%. Sales were $41.661M, slightly above the $41.466M estimate. Despite a YoY EPS decrease of 5.26%, sales increased by 0.14%.
The significant beat on EPS and slight beat on sales are positive indicators for the stock. Despite a YoY decrease in EPS, the market is likely to react favorably to the earnings beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100