secwatch.observer — SEC 8-K summary
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Issuer:     COHU INC (COHU)
CIK:        0000021535
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001437749-23-021754
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cohu Q2 revenue $168.9M, EPS $0.22 GAAP/$0.48 non-GAAP; guides Q3 sales ~$150M
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- Q2 net sales $168.9M vs $217.2M a year ago; GAAP net income $10.6M ($0.22/share).
- Non-GAAP net income $22.8M ($0.48/share); gross margins 47.6% GAAP, 47.8% non-GAAP.
- Q3 2023 sales guidance of approximately $150M, down from Q2's $168.9M.
- Repurchased 77,203 shares for ~$2.7M in Q2; cash and investments $372.3M.
- CEO cites resilient recurring business and improving thermal handler demand for hyperscaling.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/21535/000143774923021754/0001437749-23-021754-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/21535/000143774923021754/cohu20230801_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-021754

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