Cohu Reports First Quarter 2024 Results ● Gross margin of 45.8%; non-GAAP gross margin of 46.0% POWAY, Calif., May 2, 2024 – Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today reported fiscal 2024 first quarter net sales of $107.6 million and GAAP loss of $14.6 million or $0.31 per share. Cohu also reported first quarter 2024 non-GAAP income of $0.6 million or $0.01 per share. "Recurring revenue continued to deliver sta ...

Company Participants Ethan Widell - B. Riley Securities Cohu, Inc. (NASDAQ:COHU) Q4 2023 Earnings Conference Call February 15, 2024 4:30 PM ET Luis Müller - Chief Executive Officer Brian Chin - Stifel Operator It is now my pleasure to introduce Chief Financial Officer, Jeff Jones. Good afternoon, and welcome to our conference call to discuss CohuÂ's fourth quarter 2023 results and first quarter 2024 outlook. I'm joined today by our President and CEO, Luis Müller. If you need a copy of our earnings release, ...

Q4'23 FINANCIAL RESULTS Cautionary Statement Regarding Forward-Looking Statements Certain statements contained in this presentation may be considered forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements regarding the introduction of AI inspection software and expansion of recurring business; the successful integration of EQT; being aligned to high growth semiconductor market applications; resiliency of our recurring business model a ...

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 state-of-the ...

Research and Development Research and development activities are carried on in our various subsidiaries and are directed toward development of new products and equipment, as well as enhancements to existing products and equipment. Our total research and development expense was $88.6 million in 2023, $92.6 million in 2022 and $92.0 million in 2021. We work closely with our customers to make improvements to our existing products and in the development of new products. We expect to continue to make significant ...

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 quarter ...

Cohu, Inc. (NASDAQ:COHU) Q3 2023 Earnings Conference Call November 2, 2023 4:30 PM ET Company Participants Luis Müller - Chief Executive Officer Charles Shi - Needham & Company Robert Mertens - TD Cowen Craig Ellis - B. Riley Securities Good day, and thank you for standing by. Welcome to CohuÂ's Third Quarter 2023 Financial Results Conference Call. At this time, all participants are in a listen-only mode. After the speakerÂ's presentation, there will be a question-and-answer session. [Operator Instructions] ...

November 2, 2023 Page 1 Forward Looking Statements: Actual results and future business conditions could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: cyclical COVID19 pandemic impacts; new product investments and product enhancements which may not be commercially successful; inability to effectively manage multiple manufacturing sites in Asia and secure reliable and cost-effective raw materials; failure of sole source c ...

Property, plant and equipment, at cost, consisted of the following (in thousands): Revenue by geographic area based upon product shipment destination (in thousands): The following table summarizes the activity within the restructuring related accounts for the MCT Integration Program during the first nine months ended September 30, 2023 (in thousands): 11 Purchased intangible assets subject to amortization are as follows (in thousands): ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXC ...

Got it. Got it, Luis. ThatÂ's very helpful. So the auto handler market share is still pretty robust, right? Yes, itÂ's absolutely robust. ItÂ's very solid. Got it. And then just like, just another question. Is the orders are growing in September. Is it fair to assume your December revenue should be sequentially better than September? And along the same path, if you look into next year, are the main puts and takes on gross margins still the fact that if you have more mobility test equipment thatÂ's better fo ...