PDF Solutions sees first half revenue flat vs. comparable period of prior year

The company’s outlook for the year reflects both the short-term weakness in the semiconductor industry and the strength of its pipeline, bolstered by the macro trends of distributed manufacturing, energy electrification, and AI, which it believes can drive significant growth. As a result, management expects revenue for the first half of 2024 to be flat over the comparable period of the prior year and for revenue for the second half of the year to grow by 20% over the comparable period of the prior year. “Thanks to all our employees, contractors, and customers for the strong 2023 performance. Despite the macroenvironment, we are pleased with how we are positioned for 2024 and look forward to serving our customers,” said John Kibarian, CEO.