Welcome to our dedicated page for Cohu news (Ticker: COHU), a resource for investors and traders seeking the latest updates and insights on Cohu stock.
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) 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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