Cohu Q4 net sales $191.1M, GAAP EPS $0.45; Q1 2023 sales guided $173-187M

COHU INC

2022-FY EPS reported $1.98 revenue$812,775,000

Q4 GAAP net income $21.6M ($0.45/diluted share); non-GAAP net income $33.5M ($0.70/share).
Full-year 2022 net sales $812.8M; GAAP income $96.8M ($1.98/share); non-GAAP $141.9M ($2.91/share).
Gross margin 48.7% (non-GAAP 48.8%), up 470 bps YoY; cash/investments $385.6M at Q4 end.
Acquired MCT Worldwide to accelerate panel test for advanced packages; new DI-Core software subscription signed.
First quarter 2023 sales forecast $173-187M; management cites strong profit and cash flow.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

COHU INC reported fourth quarter and full year ended December 31, 2022 results: revenue $191.1 million, net income $21.6 million or $0.45 per share, EPS $0.45 per share.

Period: fourth quarter and full year ended December 31, 2022
Revenue: $191.1 million
Net income: $21.6 million or $0.45 per share
EPS: $0.45 per share
Result: reported results

Exact text from the filing

Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today reported fiscal 2022 fourth quarter net sales of $191.1 million and GAAP income of $21.6 million or $0.45 per share. Net sales for full year 2022 were $812.8 million with GAAP income of $96.8 million or $1.98 per share.

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Source: SEC EDGAR

accession 0001437749-23-003633

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