secwatch.observer — SEC 8-K summary
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Issuer:     COHU INC (COHU)
CIK:        0000021535
Form:       8-K
Filed at:   2024-01-29T23:59:59+00:00
Accession:  0001437749-24-002387
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/21535/000143774924002387/0001437749-24-002387-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/21535/000143774924002387/cohu20240126_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-002387

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