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Cohu Inc. (NASDAQ: COHU) is a globally recognized leader in the semiconductor test and inspection equipment industry, headquartered in Poway, California. The company provides innovative solutions that enable its customers—who are also leaders in automotive, computing, mobility, IoT, communications, high-speed memory, industrial, and solid-state lighting sectors—to overcome some of the toughest challenges in semiconductor testing.
Cohu Inc. offers an extensive range of technologies that can be integrated into various handler platforms to optimize semiconductor test processes. Its product portfolio comprises:
- Digital Test Handlers: Pick-and-place semiconductor test handlers, burn-in equipment, and thermal sub-systems, commonly referred to as Delta Design products.
- Analog Test Handlers: Gravity feed, test-in-strip handlers, MEMS test units, and turret-based test handling and back-end finishing equipment for ICs, LEDs, and discrete components, commonly known as Rasco products.
- Interface Products: Including test contactors, probe heads, and probe pins.
- Automated Test Equipment (ATE): Advanced systems for semiconductor testing.
- Spare Parts and Kits: Essential components for maintaining and upgrading testing equipment.
Furthermore, Cohu Inc. serves semiconductor manufacturers and test subcontractors with micro-electro-mechanical system (MEMS) test modules, test contactors, thermal sub-systems, and bare board PCB test systems. The company operates primarily within one reportable segment: Semiconductor Test and Inspection Equipment.
In recent times, Cohu Inc. has been involved in several groundbreaking projects and partnerships, enhancing its financial condition and expanding its market footprint. The company continues to focus on innovation and excellence, ensuring its products meet the evolving demands of the semiconductor industry.
Latest News: Stay updated with the most recent developments and performances of Cohu Inc. to get insights into their latest projects, financial updates, and market trends.
Cohu, Inc. (NASDAQ: COHU) reported its Q2 2024 financial results, with net sales of $104.7 million and a GAAP loss of $15.8 million ($0.34 per share). The company's non-GAAP loss was $0.6 million ($0.01 per share). For the first six months of 2024, net sales were $212.3 million with a GAAP loss of $30.4 million.
Key highlights include:
- Gross margin of 44.8% (45.1% non-GAAP)
- Launch of two new products: Krypton inspection metrology system and cStrider MEMS probe card
- Announcement of a multi-year estimated $100 million win for test automation and inspection systems
- Total cash and investments of $262.4 million at quarter-end
- Repurchase of 267,000 shares for approximately $8.2 million
Cohu expects Q3 2024 sales to be in the range of $95 million +/- $5 million.
Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, has announced it will release its second quarter 2024 financial results on Wednesday, July 31, 2024, at 1:00 p.m. Pacific Time/4:00 p.m. Eastern Time. The company will host a live conference call and webcast with presentation materials to discuss the results at 1:30 p.m. Pacific Time/4:30 p.m. Eastern Time.
Interested parties can listen live via webcast on Cohu's investor relations website or participate via telephone by registering in advance to receive the dial-in number and a unique PIN. The webcast replay will be available on the company's website through July 31, 2025.
Cohu, a global supplier of semiconductor manufacturing equipment and services, has announced its participation in the 16th Annual CEO Investor Summit. The event will take place in-person on July 10, 2024, at the St. Regis Hotel in San Francisco. Cohu's management will be presenting at this summit, and the presentation materials will be available on the investor section of Cohu’s website.
Cohu (NASDAQ: COHU), a global supplier of semiconductor manufacturing equipment, announced a multi-year contract worth an estimated $100 million. The deal involves providing test and inspection automation systems to a leading European electronics and semiconductor manufacturer over the next five years. Highlighting this contract is the first design win for Cohu's new Krypton inspection platform, which features advanced NV-Core vision technology. Krypton targets the automotive and industrial markets, offering up to 30% higher throughput and uptime. This win reinforces Cohu's position in the semiconductor test and inspection market, with the automotive sector projected to grow 10% annually, reaching $135 billion by 2028.
Cohu, Inc. (NASDAQ: COHU) will be presenting at several upcoming investor conferences, including the B. Riley Securities 24th Annual Institutional Investor Conference, TD Cowen 52nd Annual Technology, Media & Telecom Conference, Stifel 2024 Cross Sector Insight Conference, and Baird 2024 Global Consumer, Technology & Services Conference. Portfolio managers and analysts can schedule meetings through their banking representatives. Presentation materials will be accessible on the company's Investor Relations website.
Cohu, Inc. (NASDAQ: COHU) has appointed Karen M. Rapp to its Board of Directors. Ms. Rapp brings extensive experience in corporate development, financial management, and information technology. With a background in leading companies like National Instruments Corp. and NXP Semiconductors N.V., her expertise will be valuable for Cohu's strategic growth.
Cohu, Inc. (NASDAQ: COHU) reported first quarter 2024 net sales of $107.6 million with a GAAP loss of $14.6 million or $0.31 per share. Non-GAAP income was $0.6 million or $0.01 per share. The company repurchased shares and made a cash payment to repay outstanding amounts. Cohu expects second quarter 2024 sales to be around $105 million. Recurring revenue remained profitable despite the semiconductor industry downturn.
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