PDF Solutions reports record 2023 revenue of $165.8 million; Q4 up 1%
PDF Solutions reported fourth-quarter and full-year 2023 results, with full-year revenue of $165.8 million, up 12% from $148.5 million in 2022. Fourth-quarter revenue was $41.1 million, up about 1% from a year earlier but down from $42.4 million in the third quarter, and non-GAAP diluted EPS fell to $0.15 from $0.19. Management expects first-half 2024 revenue to be flat year over year and second-half revenue to grow 20%, and the company says its 2023 results are preliminary until its Form 10-K is filed.
Key points
- Full-year 2023 revenue was $165.8 million, up 12%; full-year GAAP diluted EPS was $0.08 versus a loss of $0.09 in 2022
- Q4 2023 revenue was $41.1 million, up from $40.5 million a year earlier but down from $42.4 million in Q3 2023
- Q4 2023 non-GAAP diluted EPS was $0.15, compared with $0.19 in Q4 2022 and $0.20 in Q3 2023
- Management expects revenue for the first half of 2024 to be flat year over year and for the second half to grow 20%
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 15, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.