PDF Solutions Inc (PDFS)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	3,105	2,701	9,058	1,076	-3,429	-10,912	-14,704	-18,041	-21,488	-47,937	-48,264	-47,432	-40,363	-8,244	-6,197	-3,255	-5,418	-7,202	-8,597	-9,983
Revenue (ttm)	US$ in thousands	165,835	165,233	162,743	155,810	148,549	137,912	127,607	120,358	111,055	103,536	97,093	91,083	88,046	88,241	87,043	86,202	85,585	82,748	81,047	81,598
Net profit margin		1.87%	1.63%	5.57%	0.69%	-2.31%	-7.91%	-11.52%	-14.99%	-19.35%	-46.30%	-49.71%	-52.08%	-45.84%	-9.34%	-7.12%	-3.78%	-6.33%	-8.70%	-10.61%	-12.23%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,105K ÷ $165,835K
= 1.87%

The net profit margin of PDF Solutions Inc. has shown improvement over the past few quarters. In Q4 2023, the net profit margin increased to 1.87% from 1.63% in Q3 2023. This upward trend follows a significant improvement from 0.69% in Q1 2023 and negative margins in the previous quarters. The company has successfully reversed the negative trends observed in Q2 2022, Q3 2022, and Q4 2022, when the net profit margin was -11.52%, -7.91%, and -2.31%, respectively. The recent positive trend indicates better control over costs and improved operational efficiency. Further monitoring will be essential to assess the sustainability of this positive performance.