secwatch.observer — SEC 8-K summary
======================================

Issuer:     COHU INC (COHU)
CIK:        0000021535
Form:       8-K
Filed at:   2023-02-16T23:59:59+00:00
Accession:  0001437749-23-003633
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/21535/000143774923003633/0001437749-23-003633-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/21535/000143774923003633/cohu20230215_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-003633

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