Cohu Q2 revenue $244.8M (+70% YoY); GAAP EPS $1.92 incl. PCB test gain; guides Q3 $220-235M

COHU INC

2021-Q2 EPS reported $2.58 revenue$470,291,000

Net sales $244.8M, up 70% YoY; GAAP income $95.1M ($1.92/sh) includes $75.8M gain from PCB Test sale.
Non-GAAP income $44.2M ($0.89/sh); non-GAAP gross margin 42.7%.
Completed sale of PCB Test business; used proceeds to prepay $100M of term loan B.
Introduced DI-Core data analytics platform; new Neon customers and RF test cell design win.
Q3 FY2021 sales guidance $220M-$235M; on track for record full year revenue and profitability.

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