Cohu Provides Business Update for Fourth Quarter 2023, Date for Earnings Call and Preliminary First Quarter 2024 Guidance [Yahoo! Finance]
Cohu, Inc. (COHU)
Last cohu, inc. earnings: 2/12 09:15 pm
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US:NASDAQ Investor Relations:
cohu.gcs-web.com/investor-information
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Source: Yahoo! Finance
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 quarter 2023 "We expect fourth quarter revenue to be within our guidance range; however, estimated equipment utilization dropped another 200 bps to 71% at the end of fourth quarter. Similar to recent announcements from our automotive and industrial semiconductor device customers, Cohu is experiencing softer demand for test and inspection systems in these segments with continued low test cell utilization in consumer, mobility and computing. Recurring revenue remains resilient," said Cohu President and CEO Luis Müller. "We know well the semiconductor cycles and the importance of staying focused on new product development and customer qualifications between upcycles to position the compan
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COHU
News
- Cohu, Inc. (NASDAQ: COHU) had its price target lowered by analysts at Craig Hallum from $35.00 to $30.00. They now have a "hold" rating on the stock.MarketBeat
- Cohu, Inc. (NASDAQ: COHU) had its price target lowered by analysts at B. Riley from $45.00 to $40.00. They now have a "buy" rating on the stock.MarketBeat
- Cohu, Inc. (NASDAQ:COHU) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Cohu, Inc. (NASDAQ: COHU) had its price target lowered by analysts at TD Cowen from $40.00 to $36.00. They now have a "buy" rating on the stock.MarketBeat
- Cohu Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
COHU
Earnings
- 5/2/24 - Beat
COHU
Sec Filings
- 5/3/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/22/24 - Form DEF
- COHU's page on the SEC website