earnings
confidence high
sentiment negative
materiality 0.80
Cohu Q3 revenue $95.3M (down 37% YoY); GAAP EPS -$0.39 vs +$0.08 prior year
COHU INC
2024-Q3 EPS reported
-$1.03
revenue$307,657,000
- Net sales $95.3M, down from $150.8M in Q3 FY2023; GAAP loss $18.1M ($0.39/share) vs prior-year income $3.9M ($0.08/share).
- Non-GAAP loss $3.8M ($0.08/share) compared to non-GAAP income $16.9M ($0.35/share) a year ago.
- Recurring revenue ~67% of sales; sequential order growth with recurring up 8% QoQ.
- Cash and investments $269.2M; repurchased 315K shares for $8.1M in Q3.
- Q4 FY2024 revenue guidance $95M +/- $7M; CEO highlights Diamondx wins and inspection expansion.