Execs sell PDF stock just in time

SAN JOSE FIRM WARNS OF LOSSES AND PRICES DROP

By Chris O'Brien
Mercury News

Insiders at PDF Solutions of San Jose who sold stock earlier this month may have done so just in time. On Jan. 11, the company warned that financial results for the most recent quarter would fall well short of management's previous guidance. The stock price has since fallen.

In a Jan. 11 press release, PDF Solutions, which sells software to design chip manufacturing systems, said revenue for the fourth quarter that ended Dec. 31 would come in between $18.7 million to $19.1 million. Back in October, the company had predicted that revenue would be in the range of $21 million to $22.5 million.

Although analysts had projected a profit of 10 cents a share, the company on Jan. 11 said it expected to post a loss of 4 cents to 6 cents a share.

Read more here.