Cohu Q3 2024 Earnings Report

Cohu EPS Results

• Actual EPS: -$0.17
• Consensus EPS: -$0.15
• Beat/Miss: Missed by -$0.02
• One Year Ago EPS: $0.27

Cohu Revenue Results

• Actual Revenue: $95.30 million
• Expected Revenue: $95.75 million
• Beat/Miss: Missed by -$450.00 thousand
• YoY Revenue Growth: -36.80%

Cohu Announcement Details

• Quarter: Q3 2024
• Date: 10/31/2024
• Time: After Market Closes

Cohu (NASDAQ:COHU), through its subsidiaries, provides semiconductor test equipment and services in China, the United States, Taiwan, Malaysia, the Philippines, and internationally. The company supplies semiconductor test and inspection handlers, micro-electromechanical system (MEMS) test modules, test contactors, thermal sub-systems, and semiconductor automated test equipment for semiconductor manufacturers and test subcontractors. It also provides semiconductor automated test equipment for wafer level and device package testing; various test handlers, including pick-and-place, turret, gravity, strip, and MEMS and thermal sub-systems; interface products comprising test contactors, and probe heads and pins; spares and kits; various parts and labor warranties on test and handling systems, and instruments; and training on the maintenance and operation of its systems, as well as application, data management software, and consulting services on its products. In addition, the company offers data analytics product that includes DI-Core, a software suite used to optimize Cohu equipment performance, which provides real-time online performance monitoring and process control. It markets its products through direct sales force and independent sales representatives. The company was formerly known as Cohu Electronics, Inc. and changed its name to Cohu, Inc. in 1972. The company was incorporated in 1947 and is headquartered in Poway, California.