COHU INC shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal year 2025.
“The ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal year 2025 was approved. The results were as follows: Votes For Votes Against Abstentions 40,383,315 1,725,935 381,518”
Shareholder Votes
COHU INC shareholders approved Approve the Amended and Restated Cohu, Inc., 1997 Employee Stock Purchase Plan.
“Approve the Amended and Restated Cohu, Inc., 1997 Employee Stock Purchase Plan. The results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 39,339,878 194,210 273,034 2,683,646”
“Approve the Cohu, Inc., 2026 Equity Incentive Plan. The results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 37,846,714 1,671,677 288,731 2,683,646”
Shareholder Votes
COHU INC shareholders approved Approve an amendment to our Amended and Restated Certificate of Incorporation to increase the number of authorized shares of common stock from 90,000,000 to 150,000,000 shares.
“Approve an amendment to our Amended and Restated Certificate of Incorporation to increase the number of authorized shares of common stock from 90,000,000 to 150,000,000 shares. The results were as follows: Votes For Votes Against Abstentions 40,897,112 1,251,088 342,568”
Shareholder Votes
COHU INC shareholders approved Advisory vote on executive compensation of Named Executive Officers.
“The advisory vote on executive compensation of Named Executive Officers, as disclosed in the Proxy Statement, was approved. The results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 38,881,701 608,981 316,440 2,683,646”
Shareholder Votes
COHU INC shareholders approved Election of Class 1 directors.
“The nominees for election as Class 1 directors to serve until the 2029 Annual Meeting of Stockholders, were elected based upon the following votes: Votes For Votes Against Abstentions Broker Non-Votes William E. Bendush 36,089,876 3,605,393 111,853 2,683,646 Karen M. Rapp 38,563,973 1,205,359 37,790 2,683,646 Nina L. Richardson 38,383,859 1,385,514 37,749 2,683,646”
Governance Changes
COHU INC: Added exclusive forum provision designating Delaware Chancery Court for certain internal corporate claims and federal district courts for Securities Act claims (effective 2026-05-15).
“On May 15, 2026, the Board of Directors (the “Board”) approved Cohu’s Amended and Restated Bylaws (as so amended and restated, the “Amended Bylaws”), effective as of such date.”
Governance Changes
COHU INC: Increased authorized shares of common stock from 90,000,000 to 150,000,000 (effective 2026-05-15).
“on May 15, 2026, Cohu filed with the Secretary of State of the State of Delaware an Amended and Restated Certificate of Incorporation implementing the approved changes (the “Restated Certificate”), and the Restated Certificate was effective as of that date.”
Earnings Releases
COHU INC reported financial results for first fiscal quarter ended March 28, 2026.
“On April 30, 2026, the Company issued a press release regarding its financial results for the first fiscal quarter ended March 28, 2026.”
Equity Issuances
COHU INC issued $287.5 million aggregate principal amount of 1.50% Convertible Senior Notes due 2031 of convertible note to initial purchasers for approximately $278.9 million net proceeds.
“of their option to purchase an additional $27.5 million aggregate principal amount of Notes. Use of Proceeds The Company’s net proceeds from this offering were approximately $278.9 million, after deducting the initial purchasers’ discounts and commissions but before estimated offering expenses. The Company used approximately $28.4 million of the net proceeds from”
Debt Financings
COHU INC incurred convertible notes of $287.5 million aggregate principal amount with U.S. Bank Trust Company, National Association at 1.50% per year maturing January 15, 2031.
“On September 29, 2025, Cohu, Inc. (the “Company”) issued $287.5 million aggregate principal amount of 1.50% Convertible Senior Notes due 2031 (the “Notes”).”
Emily R. Lough was appointed as general_counsel at COHU INC.
“Mr. Kampfer’s legal and corporate secretary duties will be assumed by Ms. Emily R. Lough, presently Vice President, Assistant General Counsel and Assistant Secretary.”
Thomas D. Kampfer changed role as Senior Vice President Corporate Development at COHU INC.
“On June 25, 2024, Cohu, Inc. (the “Company) and Thomas D. Kampfer, Senior Vice President Corporate Development, General Counsel and Secretary of the Company agreed that Mr. Kampfer would transition to a part-time role with the Company effective July 15, 2024.”
Karen M. Rapp was appointed as Director at COHU INC.
“On May 6, 2024, the Board, upon recommendation from its Nominating and Governance Committee, appointed Karen M. Rapp as a Class 1 director of Cohu, Inc. ("Cohu" or the "Company) effective May 6, 2024”
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.
“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”
Earnings Releases
COHU INC reported full year 2023 results: revenue $636.3 million, net income $28.2 million, EPS $0.59 per share.
“Net sales for full year 2023 were $636.3 million with GAAP income of $28.2 million or $0.59 per share.”
Earnings Releases
COHU INC reported Q4 FY 2023 results: revenue $137.2 million, net income $2.0 million, EPS $0.04 per share.
“Cohu, Inc. (NASDAQ: COHU), a global leader in semiconductor equipment and services, today reported fiscal 2023 fourth quarter net sales of $137.2 million and GAAP loss of $2.0 million or $0.04 per share.”
Earnings Releases
COHU INC reported financial results for fourth quarter and year ended December 30, 2023.
“On February 15, 2024, the Company issued a press release regarding its financial results for the fourth quarter and year ended December 30, 2023.”
Material Agreements
COHU INC terminated Credit and Guaranty Agreement with Deutsche Bank AG New York Branch valued at $29.4 million (effective 2024-02-09).
“As previously disclosed, on October 1, 2018, Cohu, Inc. (collectively, the “Company”) entered into a Credit and Guaranty Agreement, as amended, by and among Cohu, Inc., Certain Subsidiaries of Cohu, Inc. (the “Borrowers”) and the lenders (“Lenders”) and Deutsche Bank AG New York Branch, as administrative agent and collateral agent (“DBNY”), (the “Credit Agreement”) for an aggregate principal amount of up to $350.0 million secured term loan facility (“Term Loan Credit Facility”) subject to certain terms and conditions. The maturity date under the Credit Agreement was October 1, 2025. On February 9, 2024, Cohu entered into a payoff letter for a voluntary prepayment of the Term Loan Credit Facility (the “Payoff Letter”). Pursuant to the Payoff Letter, the Company paid a total of $29.4 million to Duetsche Bank, representing the outstanding principal, interest, fees, breakage costs and other amounts owing to the Lenders and thereby terminated the Credit Agreement.”
Earnings Releases
COHU INC updated its the first fiscal quarter-ending March 30, 2024 guidance (initiated).
“Cohu expects first quarter 2024 revenue to be approximately 20% lower than fourth quarter 2023”
Earnings Releases
COHU INC reported the fourth quarter of fiscal year 2023 ended December 30, 2023 results: revenue approximately $137 million.
“Cohu expects fourth quarter 2023 revenue in-line with guidance at approximately $137 million”
Earnings Releases
COHU INC reported third quarter ended September 30, 2023 results: revenue $150.8 million, net income $3.9 million, EPS $0.08 per share.
“Cohu Reports Third Quarter 2023 Results ● Third quarter revenue $150.8 million ● Gross margin of 47.0%; non-GAAP gross margin of 47.1%”
Material Agreements
COHU INC amended First Amendment to Credit and Guaranty Agreement with Deutsche Bank AG New York Branch (effective 2023-06-16).
“On June 16, 2023, Cohu, Inc. (the “Company”) entered into the First Amendment to Credit and Guaranty Agreement (the “Amendment”), which amended the Company’s Credit and Guaranty Agreement, dated as of October 1, 2018, with Deutsche Bank AG New York Branch, as administrative agent, and the lenders named therein.”
“On May 10, 2023, the Board of Directors (the “Board”) of Cohu, Inc. (“Cohu”) approved Cohu’s Amended and Restated Bylaws (as so amended and restated, the “Amended Bylaws”), effective as of such date.”
Shareholder Votes
COHU INC shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year 2023 at the 2023-05-10 meeting.
“The ratification of the appointment of Ernst & Young LLP as Cohu’s independent registered public accounting firm for fiscal year 2023 was approved. The results were as follows: Votes For – 41,240,596; Votes Against – 2,201,644; Abstentions – 40,236; Broker Non-Votes - 0”
Shareholder Votes
COHU INC shareholders approved Amendments to 1997 Employee Stock Purchase Plan at the 2023-05-10 meeting.
“The vote on certain amendments to Cohu’s 1997 Employee Stock Purchase Plan to (i) increase the shares of stock available for issuance by 600,000 to 3,750,000 shares, and (ii) eliminate the requirement that no participant may purchase shares for any offering period with a value exceeding $12,500 divided by the share value on the first date of offering period. as disclosed in the Proxy Statement, was approved. The results were as follows: Votes For - 40,499,743; Votes Against - 104,050; Abstentions - 30,216; Broker Non-Votes - 2,848,467”
Shareholder Votes
COHU INC shareholders approved Amendments to 2005 Equity Incentive Plan at the 2023-05-10 meeting.
“The vote on certain amendments to Cohu’s 2005 Equity Incentive Plan to (i) increase the shares of stock available for issuance by 3,200,000, (ii) specify an annual limit of $750,000 on our non-employee director compensation, (iii) increase the amounts permitted for cash payouts of performance awards from current limit of $2,000,000 to $4,000,000 per each fiscal year, and (iv) provide updated criteria for performance awards, as disclosed in the Proxy Statement, was approved. The results were as follows: Votes For – 37,930,850; Votes Against – 2,669,488; Abstentions – 33,671; Broker Non-Votes – 2,848,467”
Shareholder Votes
COHU INC shareholders approved Advisory vote on preferred frequency of holding an advisory vote on Named Executive Officer compensation at the 2023-05-10 meeting.
“The advisory vote on the preferred frequency of holding an advisory vote on Named Executive Officer compensation, as disclosed in the Proxy Statement, was as follows: One Year– 37,412,490; Two Years– 12,292; Three Years– 3,158,195; Abstentions – 51,032; Broker Non-Votes - 0”
Shareholder Votes
COHU INC shareholders approved Advisory vote on executive compensation of Named Executive Officers at the 2023-05-10 meeting.
“The advisory vote on executive compensation of Named Executive Officers, as disclosed in the Proxy Statement, was approved. The results were as follows: Votes For – 40,085,427; Votes Against – 464,970; Abstentions – 83,612; Broker Non-Votes - 2,848,467”
Shareholder Votes
COHU INC shareholders approved Election of Directors at the 2023-05-10 meeting.
“William E. Bendush was elected as a Class 1 director of Cohu. The results were as follows: Votes For 35,261,813; Votes Against – 5,345,268; Abstentions – 26,928; Broker Non-Votes – 2,848,467 Nina L. Richardson was elected as a Class 1 director of Cohu. The results were as follows: Votes For – 40,388,705; Votes Against – 190,639; Abstentions – 54,665; Broker Non-Votes - 2,848,467”
Earnings Releases
COHU INC reported first quarter ended April 1, 2023 results: revenue $179.4 million, net income $15.7 million, EPS $0.33 per share.
“Cohu, Inc. (NASDAQ: COHU), a global leader in semiconductor equipment and services, today reported fiscal 2023 first quarter net sales of $179.4 million and GAAP income of $15.7 million or $0.33 per share.”
Earnings Releases
COHU INC reported fourth quarter and full year ended December 31, 2022 results: revenue $191.1 million, net income $21.6 million or $0.45 per share, EPS $0.45 per share.
“Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today reported fiscal 2022 fourth quarter net sales of $191.1 million and GAAP income of $21.6 million or $0.45 per share. Net sales for full year 2022 were $812.8 million with GAAP income of $96.8 million or $1.98 per share.”
Andreas ("Andy") W. Mattes was appointed as Class 3 Director at COHU INC.
“On October 25, 2022, the Board of Directors (the “Board”) of Cohu, Inc. (“Cohu”) appointed Andreas (“Andy”) W. Mattes to join the Board as a Class 3 director whose term will expire at Cohu’s 2025 annual meeting of stockholders.”
Earnings Releases
COHU INC reported third quarter ended September 24, 2022 results: revenue $206.7 million, net income $24.9 million, EPS $0.51 per share.
“Cohu Reports Third Quarter 2022 Results ● Third quarter revenue $206.7 million ● Gross margin of 47.4%; non-GAAP gross margin of 47.5%”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.