secwatch.observer — SEC 8-K summary
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Issuer:     COHU INC (COHU)
CIK:        0000021535
Form:       8-K
Filed at:   2022-07-11T23:59:59+00:00
Accession:  0001437749-22-016959
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/21535/000143774922016959/0001437749-22-016959-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/21535/000143774922016959/cohu20220708_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-016959

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