secwatch.observer — SEC 8-K summary
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Issuer:     COHU INC (COHU)
CIK:        0000021535
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001437749-23-030002
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cohu Q3 revenue $150.8M, GAAP EPS $0.08; Q4 guidance $136M +/-$6M
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- Revenue $150.8M, down 27% YoY from $206.7M; GAAP net income $3.9M ($0.08/sh).
- Non-GAAP net income $16.9M ($0.35/sh) vs $36.1M ($0.74/sh) in Q3 2022.
- Acquired Equiptest Engineering (EQT) on Oct 2 for test interface products, expanding recurring revenue.
- Q4 2023 sales guidance: $136M +/-$6M; repurchased 133,100 shares for $4.7M in Q3.
- Total cash & investments $387.6M; Term Loan B principal $30.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/21535/000143774923030002/0001437749-23-030002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/21535/000143774923030002/cohu20231101_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-030002

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