---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-014369"
form_type: "8-K"
ticker: "COHU"
cik: "0000021535"
company_name: "COHU INC"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:58:01.539131+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cohu Q1 revenue $107.6M, GAAP loss $0.31/share; guides Q2 sales ~$105M

## Summary
- Q1 net sales $107.6M (down 40% YoY from $179.4M); GAAP net loss $14.6M ($0.31 loss per share).
- Non-GAAP income of $0.6M ($0.01 per share); recurring revenue ~66% of sales.
- Cash and investments $271.3M; repaid remaining $29.3M Term Loan B on Feb 9, 2024.
- Repurchased 333,504 shares for ~$10.7M in Q1.
- Q2 sales guidance $105M +/- $6M; initial orders received for new high-fidelity microphone tester.

## SEC filing metadata
- accession: 0001437749-24-014369
- form_type: 8-K
- ticker: COHU
- cik: 0000021535
- company_name: COHU INC
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/21535/000143774924014369/0001437749-24-014369-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/21535/000143774924014369/cohu20240430_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-014369
- JSON: https://secwatch.observer/filing/0001437749-24-014369.json
- Plain text: https://secwatch.observer/filing/0001437749-24-014369.txt

## Key facts
- Earnings Releases
  COHU INC reported first fiscal quarter ended March 30, 2024 results: revenue $107.6 million, net income $14.6 million or $0.31 per share, EPS $0.31 per share.
  - Period: first fiscal quarter ended March 30, 2024
  - Revenue: $107.6 million
  - Net income: $14.6 million or $0.31 per share
  - EPS: $0.31 per share
  - Result: reported results
  source text: made by Cohu wit --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 ex_664873.htm EXHIBIT 99.1 ex_664873.htm Exhibit 99.1 Cohu Reports First Quarter 2024 Results ● First quarter revenue $107.6 million, approximately 66% recurring ● Gross margin of 45.8%; non-GAAP gross margin of 46.0% ● Sense+ system with μ -sense selected for testing next-generation high fidelity microphones
  evidence_url: https://www.sec.gov/Archives/edgar/data/21535/000143774924014369/0001437749-24-014369-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.