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Investing.com - PDF Solutions Inc. (NASDAQ:PDFS) shares surged more than 13% in after-hours trading following the announcement of a significant multiyear contract with an existing global integrated device manufacturer (IDM) customer. The stock, currently trading at $22.54, has shown significant momentum with a 13% return over the past week, according to InvestingPro data.
The semiconductor analytics company did not disclose specific details about the contract or identify the customer, but characterized the agreement as "landmark" in its announcement.
PDF Solutions also reaffirmed its full-year 2025 revenue guidance, projecting growth of 21%-23% year-over-year, with approximately 15% of that growth expected to be organic.
DA Davidson maintained its Neutral rating and $24.00 price target on PDF Solutions stock, which represents a valuation of 17 times the company’s projected 2026 EBITDA.
The research firm noted that the contract announcement signals PDF Solutions is "well positioned to monetize a cyclical upturn in semiconductor spending by improving design and manufacturing processes," but cited industry risks and evolving end-market dynamics as reasons for maintaining its current rating until it has "better revenue visibility."
In other recent news, PDF Solutions reported its second-quarter 2025 earnings, showcasing record revenue growth. The company achieved a revenue of $51.7 million, slightly exceeding forecasts, while earnings per share (EPS) stood at $0.19, meeting market expectations. This financial performance highlights robust growth, supported by strong analytics revenue and strategic partnerships. Additionally, PDF Solutions announced a significant multi-year agreement with a major global semiconductor manufacturer to expand its eProbe tools, Characterization Vehicle infrastructure, and Exensio analytics software across several high-volume manufacturing facilities. This contract, which builds on a previous agreement, includes the deployment of multiple eProbe systems scheduled for 2025. The eProbe technology is noted for its contactless testing capabilities of 3D semiconductor structures. These developments reflect PDF Solutions’ strategic vision for integrating process characterization data with design layout and in-line fabrication data.
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