secwatch.observer — SEC 8-K summary
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Issuer:     COHU INC (COHU)
CIK:        0000021535
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001437749-24-032792
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cohu Q3 revenue $95.3M (down 37% YoY); GAAP EPS -$0.39 vs +$0.08 prior year
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/21535/000143774924032792/0001437749-24-032792-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/21535/000143774924032792/cohu20241030_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-032792

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