Cohu

Cohu, Inc. engages in the provision of back-end semiconductor equipment and services. It offers test and handling capital equipment, interface products, and related services to the semiconductor and electronics manufacturing industries. It operates through the Semiconductor Test and Inspection, and Printed Circuit Board Test segments. The company was founded in 1947 and is headquartered in Poway, CA.

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Cohu reports strong Q4 performance, eyes growth amid challenges

Cohu's Q4 performance was robust, driven by record gross margins and strategic expansions. While facing challenges in market conditions and supply chain constraints, Cohu remains optimistic about future growth opportunities.

Cohu meets Q1 targets, eyes growth in Philippines facility

Cohu delivered solid Q1 performance meeting revenue guidance and exceeding gross margin targets.
While facing challenges in revenue outlook for Q2, the company's focus on recurring business and operational efficiency are strengths.
Investments in new facilities and strategic initiatives offer opportunities for long-term growth and market expansion.

Cohu reports robust Q2 earnings, faces Q3 revenue challenges

Cohu's Q2 2023 earnings call highlighted strong financial performance, challenges in Q3 revenue guidance, and opportunities for growth through infrastructure expansion and design wins. The company remains focused on profitability and achieving its midterm targets.

Cohu reports robust Q3 earnings amidst market uncertainties and acquisitions

Cohu's Q3 performance reflects strong gross margin and profitability, driven by higher margin testers and recurring business.
While challenges like market uncertainties and cautious spending persist, Cohu's strategic strengths and focus on growth initiatives position it well for the future.
Opportunities in acquisitions, new markets, and product innovation provide avenues for Cohu to navigate current challenges and drive long-term success.
Navigating through uncertain market dynamics, Cohu remains focused on operational efficiency, customer wins, and product development to sustain growth.

Cohu reports solid Q4 results, eyes semiconductor recovery and market expansion

Cohu's Q4 and fiscal 2023 performance reflects resilience and strategic positioning amidst market challenges.
While facing softer demand in key sectors, Cohu's innovation and expansion efforts signal a focus on long-term growth.
Anticipated semiconductor market recovery and secular growth trends offer promising opportunities for Cohu's future growth.
Efforts to enhance product offerings and drive recurring revenue highlight Cohu's commitment to sustainable business growth.

Cohu reports strong Q1 results, eyes growth amid semiconductor trends

Cohu's Q1 performance was solid, with revenue meeting expectations and operational metrics showing improvement.
The company's wins in the semiconductor and automotive sectors underscore its competitive positioning.
While cost management and margin maintenance are challenges, Cohu's focus on innovation and sustainability bode well for future growth.

Cohu reports robust Q2 earnings, eyes growth in inspection business

Cohu's Q2 performance reflects solid revenue and margin figures, bolstered by a significant business award and strategic growth initiatives. While facing slight revenue guidance decrease for Q3, the company's focus on recurring revenue and cost management remains strong. Cohu's expansion into new markets and product development signal a drive for future growth.

Cohu reports robust Q3 earnings, eyes growth in diverse segments

Cohu's Q3 performance was marked by strong revenue and gross margin figures, driven by the mobile segment's growth and key wins in semiconductor testing. While facing flat revenue guidance for Q4, Cohu is optimistic about future growth prospects in various segments and new markets.

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Cohu, Inc. engages in the provision of back-end semiconductor equipment and services. It offers test and handling capital equipment, interface products, and related services to the semiconductor and electronics manufacturing industries. The company was founded in 1947 and is headquartered in Poway, CA.

POWAY, Calif.--(BUSINESS WIRE)--Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today announced that a leading U.S. fabless semiconductor manufacturer has selected Sense+ system with µ-sense for testing their next generation high-fidelity microphones. The µ-sense microphone tester is Cohu's latest product in our MEMS test solution portfolio, and when combined with the Sense+ automation platform, it delivers st.

Cohu Announces Orders for New MEMS Microphone Tester

POWAY, Calif.--(BUSINESS WIRE)--Cohu, Inc. (NASDAQ: COHU), a global leader in semiconductor equipment and services, today reported fiscal 2023 fourth quarter net sales of $137.2 million and GAAP loss of $2.0 million or $0.04 per share. Net sales for full year 2023 were $636.3 million with GAAP income of $28.2 million or $0.59 per share. The Company also reported non-GAAP results, with fourth quarter 2023 income of $11.1 million or $0.23 per share and income of $77.9 million or $1.62 per share f.

Cohu Reports Fourth Quarter 2023 Results

Cohu (COHU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Cohu (COHU) to Report a Decline in Earnings: What to Look Out for

POWAY, Calif.--(BUSINESS WIRE)--Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today provided a business update: Cohu expects fourth quarter 2023 revenue in-line with guidance at approximately $137 million Demand for test and inspection equipment remained soft through fourth quarter 2023 and has continued in first quarter 2024 Cohu expects first quarter 2024 revenue to be approximately 20% lower than fourth q.

Cohu Provides Business Update for Fourth Quarter 2023, Date for Earnings Call and Preliminary First Quarter 2024 Guidance

POWAY, Calif.--(BUSINESS WIRE)--Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today announced that management will participate at the 26th Annual Needham Virtual Growth Conference on Friday, January 19, 2024, with a one-on-one format. Portfolio managers and analysts should contact their respective banking representatives to schedule a meeting at this conference. Presentation materials will be made concurrent.

Cohu to Participate at 26th Annual Needham Virtual Growth Conference

Cohu's financials show a decline in revenue, but resilient recurring revenue and stable gross margins provide positive signs for potential recovery. Weakness in the automotive and industrial sectors continues to impact COHU's performance in the short term. Positive signs in the smartphone market and consistent gross margin stability suggest a potential turnaround in the cycle.

Cohu: Still Positive On The Recovery Despite Some Weakness Persisting

POWAY, Calif.--(BUSINESS WIRE)--Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today announced that management will participate in the 12th Annual NYC Summit Investor Conference, being held at Mastro's New York on Tuesday, December 12, 2023. The presentation material utilized during the NYC Summit will be made accessible on the investor page of the company's website at www.cohu.com. About The 12th Annual NYC.

Cohu to Participate in the 12th Annual NYC Summit Investor Conference

Semiconductor service company Cohu is staring down the barrel of a 21% drop in revenue this year. However, the company's profitability remains resilient thanks to the expansion of its high-margin recurring revenue streams.

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POWAY, Calif.--(BUSINESS WIRE)--Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today announced the market introduction of Artificial Intelligence (AI) Inspection software, a new product offering as part of Cohu's DI-Core analytics platform. AI Inspection software provides real-time computation that enables semiconductor manufacturers to improve visual inspection accuracy at production speeds. AI Inspection mo.

Cohu Launching Artificial Intelligence (AI) Inspection Capability

Cohu is a niche player in the semiconductor industry, offering a broad portfolio of equipment and services for back-end manufacturing. The company has seen solid growth, with revenues nearly quadrupling in a 7-8 year window. However, recent headwinds in the industry have led to declining sales and profitability, raising concerns about the company's near term earnings power.

Cohu: Inspection Play Warrants A Further Inspection

Cohu, Inc. (NASDAQ:COHU ) Q3 2023 Earnings Conference Call November 2, 2023 4:30 PM ET Company Participants Jeffrey Jones - Chief Financial Officer Luis Müller - Chief Executive Officer Conference Call Participants Charles Shi - Needham & Company Brian Chin - Stifel, Nicolaus & Company Robert Mertens - TD Cowen Christian Schwab - Craig-Hallum Capital Group LLC Craig Ellis - B. Riley Securities Operator Good day, and thank you for standing by.

Cohu, Inc. (COHU) Q3 2023 Earnings Call Transcript

POWAY, Calif.--(BUSINESS WIRE)--Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today reported fiscal 2023 third quarter net sales of $150.8 million and GAAP income of $3.9 million or $0.08 per share. Net sales for the first nine months of 2023 were $499.1 million and GAAP income was $30.2 million or $0.63 per share. Cohu also reported non-GAAP results, with third quarter 2023 income of $16.9 million or $0.35.

Cohu Reports Third Quarter 2023 Results

POWAY, Calif.--(BUSINESS WIRE)--Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, will release financial results for third quarter on Thursday, November 2, 2023, at 1:00 p.m. Pacific Time/4:00 p.m. Eastern Time. The Company will host a live conference call and webcast with slides to discuss the results at 1:30 p.m. Pacific Time/4:30 p.m. Eastern Time. Interested parties may listen live via webcast on Cohu's inve.

Cohu To Announce Third Quarter 2023 Results on November 2

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POWAY, Calif.--(BUSINESS WIRE)--Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today announced that it has acquired Equiptest Engineering Pte. Ltd. (“EQT”), a provider of semiconductor test contactors and other consumables with trailing twelve months revenue of approximately $20 million. EQT becomes part of Cohu's Interface Solutions Group, combining products and technologies to accelerate customer penetratio.

Cohu Acquires Equiptest Engineering

I upgraded my rating from hold to buy due to a 2x decrease in valuation and clear visibility to FY24/25 growth, anticipating accelerating growth over the next 2 years. COHU's 2Q23 results showed a 22% drop in revenue but included positive factors like non-GAAP gross margin expansion to 47.8% and non-GAAP EPS exceeding expectations at $0.48. Despite challenges in certain segments like Automotive and Industrial, COHU is expected to exhibit steady growth over the next two years, mirroring historical cycles.

Cohu: Business Continues To Execute Well And Should See Growth Recovery In FY24/25

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While Wall Streets debates the market's direction, investors should stay focused on fundamentals. Axcelis makes key equipment for chip fabrication, and it's looking at a $1.2 billion backlog.

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Semiconductor-service company Cohu makes testing and handling equipment for chip producers. Its revenue and earnings declined in the first half of 2023 (year over year) alongside weakness in the broader semiconductor industry.

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Cohu, Inc. (NASDAQ:COHU ) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Jeff Jones – Senior Vice President and Chief Financial Officer Luis Muller – President and Chief Executive Officer Conference Call Participants Brian Chin – Stifel Craig Ellis – B. Riley Krish Sankar – TD Cowen Charles Shi – Needham & Company Operator Good day and thank you for standing by.

Cohu, Inc. (COHU) Q2 2023 Earnings Call Transcript

Cohu (COHU) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.81 per share a year ago.

Cohu (COHU) Q2 Earnings and Revenues Top Estimates

POWAY, Calif.--(BUSINESS WIRE)--Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today reported fiscal 2023 second quarter net sales of $168.9 million and GAAP income of $10.6 million or $0.22 per share. Net sales for the first six months of 2023 were $348.3 million and GAAP income was $26.3 million or $0.55 per share. Cohu also reported non-GAAP results, with second quarter 2023 income of $22.8 million or $0.4.

Cohu Reports Second Quarter 2023 Results

POWAY, Calif.--(BUSINESS WIRE)--Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, will release financial results for second quarter on Thursday, August 3, 2023, at 5:00 a.m. Pacific Time/8:00 a.m. Eastern Time. The Company will host a live conference call and webcast with slides to discuss the results at 5:30 a.m. Pacific Time/8:30 a.m. Eastern Time. Interested parties may listen live via webcast on Cohu's inves.

Cohu To Announce Second Quarter 2023 Results on August 3

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Is Cohu Inc. One of the Cheapest Chip Stocks Around?

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POWAY, Calif.--(BUSINESS WIRE)--Cohu, Inc. (NASDAQ: COHU), ), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today announced that management will participate in the 15th Annual CEO Investor Summit, being held in-person at the St. Regis Hotel, San Francisco on Wednesday, July 12, 2023. The presentation material utilized during the CEO Summit will be made accessible on the investor page of the company's website at www.cohu.com. About The.

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