SAN JOSE, Calif. (AP) _ PDF Solutions Inc. (PDFS) on Monday reported fourth-quarter earnings of $2.9 million.
The San Jose, California-based company said it had profit of 9 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 17 cents per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 17 cents per share.
The provider of software and services for semiconductor makers posted revenue of $28.4 million in the period, also matching Street forecasts.
For the year, the company reported profit of $9.1 million, or 28 cents per share. Revenue was reported as $107.5 million.
PDF Solutions shares have dropped slightly since the beginning of the year. In the final minutes of trading on Monday, shares hit $22.54, more than doubling in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PDFS at https://www.zacks.com/ap/PDFS
Keywords: PDF Solutions, Earnings Report