Financial Overview and Growth Strategy slide image

Financial Overview and Growth Strategy

Building a Platform for Success GROWTH PROFITABILITY • 62% CAGR of analytics revenue from CY 2020 to TTM Q1'22 Analytics at 87% of total revenue in TTM Q1'22 vs. 65% in CY 2020 • GAAP gross margin of 66% for Q1'22 • Non-GAAP gross margin of 69% for Q1'22 • 70%+ non-GAAP gross margins target model • Greater than 100% ExensioⓇ customers dollar-retention rate* VISIBILITY • Strong ending backlog of $196.8M, a 72% increase from a year ago • No country outside the United States accounts for more than 14% of revenue in TTM Q1'22 DIVERSIFICATION All three regions of North America, APAC and EMEA grew by double-digit percentage on a Q/Q basis • STRENGTH PARTNERSHIPS • $134M in cash and short term investment as of Q1'22, with no debt Opportunistic share buybacks; $22.5 million in 2022YTD Established deep relationship and collaboration with Advantest Growing collaborations with other industry-leaders, including IBM, Siemens, and Kulicke & Soffa *TTM Q1 2022 vs CY 2020 PDF/SOLUTIONS™ © 2022 PDF Solutions, All Rights Reserved
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