Cohu Q2 net sales $107.7M, GAAP loss $0.36; non-GAAP profit $0.02; Q3 guidance $125M

COHU INC

2025-Q2 EPS reported -$1.02 revenue$204,477,000

Q2 net sales $107.7M, up 3% YoY from $104.7M; GAAP net loss $16.9M ($0.36/shr) vs loss $15.8M ($0.34/shr) in Q2 FY2024.
Non-GAAP net income $0.7M ($0.02/shr) vs non-GAAP loss $0.6M ($0.01/shr) in prior year quarter.
Test cell utilization improved 3 pts QoQ to 75%; cash and investments $209.4M, up $8.6M sequentially.
Received $28M design-win order for Mobile and Automotive test, shipping through Q4 FY2025; new Eclipse handler and ULTRA-S contactor.
Q3 FY2025 sales guidance $125M +/- $7M, up from Q2's $107.7M.

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