Cohu Q4 revenue ~$137M in-line; guides Q1 down ~20% amid continued soft demand

COHU INC

2023-FY EPS reported $0.59 revenue$636,322,000

Preliminary Q4 2023 revenue of ~$137M, in-line with prior guidance.
Q1 2024 revenue expected ~20% lower sequentially (approx. $109.6M).
Equipment utilization fell 200 bps to 71%; weak demand in automotive, industrial, consumer, and computing.
Recurring revenue remains resilient, per CEO Luis Müller.
Earnings call scheduled for Feb. 15, 2024; recovery expected in H2 2024.

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 0.85

COHU INC updated its the first fiscal quarter-ending March 30, 2024 guidance (initiated).

Period: the first fiscal quarter-ending March 30, 2024
Guidance: initiated
Result: guidance update

Exact text from the filing

Cohu expects first quarter 2024 revenue to be approximately 20% lower than fourth quarter 2023

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

COHU INC reported the fourth quarter of fiscal year 2023 ended December 30, 2023 results: revenue approximately $137 million.

Period: the fourth quarter of fiscal year 2023 ended December 30, 2023
Revenue: approximately $137 million
Result: preliminary results

Exact text from the filing

Cohu expects fourth quarter 2023 revenue in-line with guidance at approximately $137 million

View on SEC.gov

3 earnings releases filed in the last 30 days. Browse all earnings releases →

COHU INC filing history →

Source: SEC EDGAR

accession 0001437749-24-002387

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.