secwatch.observer — SEC 8-K summary
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Issuer:     COHU INC (COHU)
CIK:        0000021535
Form:       8-K
Filed at:   2021-07-29T23:59:59+00:00
Accession:  0001437749-21-017818
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/21535/000143774921017818/0001437749-21-017818-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/21535/000143774921017818/cohu20210728_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-017818

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer