Cohu raises Q2 revenue guidance to $216-218M, above midpoint of $213M; backlog $342M

COHU INC

2022-Q2 EPS reported $1.02 revenue$414,983,000

Q2 revenue expected $216-218M, above prior guidance midpoint of $213M; recurring revenue ~39%.
Ending backlog ~$342M, substantially shipping over the next three quarters.
Repurchased 504K shares for ~$14M; repaid ~$16M of term loan B debt (outstanding now ~$79M).
Expected Q2 ending cash balance ~$368M; gross margin in-line with non-GAAP guidance.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.