Cohu Reports Fourth Quarter 2023 Results
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
Company Research
Source: Business Wire
Full year 2023 revenue of $636 millionFourth quarter revenue $137 millionFourth quarter gross margin of 47.7%; non-GAAP gross margin of 48.5%Paid off the remaining balance of $29.3 million of Term Loan B in early first quarter 2024Introduced AI inspection software to increase vision yield, expanding recurring business 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 for full year 2023. GAAP Results
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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