secwatch.observer — SEC 8-K summary
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Issuer:     COHU INC (COHU)
CIK:        0000021535
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001437749-24-024102
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cohu Q2 FY2024 revenue $104.7M, GAAP loss $15.8M; guides Q3 sales ~$95M
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- Q2 net sales $104.7M vs $168.9M YoY; GAAP net loss $15.8M ($0.34 loss per share) vs income $10.6M ($0.22) YoY.
- Non-GAAP net loss $0.6M ($0.01 loss per share) vs income $22.9M ($0.48) YoY.
- Gross margin 44.8%; non-GAAP gross margin 45.1%.
- Announced multi-year estimated $100M win for test automation and inspection systems; launched Krypton and cStrider products.
- Q3 FY2024 sales guidance $95M +/- $5M; total cash $262.4M; repurchased 267K shares for $8.2M in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/21535/000143774924024102/0001437749-24-024102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/21535/000143774924024102/cohu20240729_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-024102

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