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Cohu(COHU) - 2024 Q1 - Quarterly Results

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 107.6millionandGAAPlossof107.6 million and GAAP loss of 14.6 million or 0.31pershare.Cohualsoreportedfirstquarter2024nonGAAPincomeof0.31 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 ...