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Cohu Inc - COHU STOCK NEWS

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.

About Cohu Inc.

Cohu Inc. (NASDAQ: COHU) is a globally recognized leader in the semiconductor test and inspection equipment industry, headquartered in Poway, California, within San Diego County. The company plays a pivotal role in enabling the production and quality assurance of semiconductors, which are foundational to modern technology. Cohu serves a diverse range of industries, including automotive, computing, mobility, Internet of Things (IoT), communications, high-speed memory, industrial, and solid-state lighting, making it an integral part of the global technology supply chain.

Comprehensive Product Portfolio

One of Cohu’s defining strengths is its extensive portfolio of enabling technologies, designed to address some of the most complex challenges in semiconductor testing. These technologies can be seamlessly integrated into its handler platforms, offering customers unparalleled flexibility and efficiency. Cohu’s product offerings are broadly categorized into:

  • Digital Test Handlers: This category includes pick-and-place semiconductor test handlers, burn-in-related equipment, and advanced thermal subsystems, catering to high-precision testing requirements.
  • Analog Test Handlers: These include gravity feed handlers, test-in-strip handlers, and MEMS test units, designed for analog and mixed-signal semiconductor components.
  • Turret-Based Test Handling: Specialized handling and back-end finishing solutions for integrated circuits (ICs), light-emitting diodes (LEDs), and discrete components.

The company’s ability to integrate these technologies across its platforms optimizes testing processes and ensures reliability, precision, and scalability for its customers.

Industry Significance and Market Position

Operating in a highly specialized and competitive industry, Cohu is distinguished by its focus on innovation, customization, and customer-centric solutions. The semiconductor industry is cyclical, with demand influenced by technological advancements and macroeconomic factors. Cohu’s strategic focus on diverse end markets, such as automotive and IoT, helps mitigate these cyclical challenges by tapping into high-growth sectors. Its customers, often global leaders in semiconductor manufacturing, rely on Cohu’s solutions to maintain stringent quality standards and achieve operational efficiency.

Competitive Landscape

Cohu faces competition from other semiconductor equipment providers but differentiates itself through its broad range of technologies and its ability to address both digital and analog testing needs. Its expertise in thermal management, MEMS testing, and back-end finishing further enhances its competitive edge. The company’s commitment to innovation and its deep understanding of customer requirements position it as a trusted partner in the semiconductor ecosystem.

Commitment to Innovation

Cohu’s emphasis on research and development enables it to stay ahead in a rapidly evolving industry. By continuously enhancing its product capabilities and expanding its technological offerings, the company ensures that it remains at the forefront of semiconductor testing and inspection solutions. This commitment to innovation not only strengthens its market position but also supports its customers in meeting the demands of emerging technologies.

Conclusion

In summary, Cohu Inc. is a cornerstone of the semiconductor industry, providing essential test and inspection equipment that ensures the reliability and performance of semiconductors. With a diverse product portfolio, a focus on innovation, and a customer-centric approach, Cohu is well-positioned to address the evolving needs of its customers across multiple high-growth industries. Its role in enabling cutting-edge technologies underscores its importance in the global technology landscape.

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Cohu, Inc. (NASDAQ: COHU) will announce its first quarter 2024 financial results on May 2, 2024. The Company will host a live conference call and webcast to discuss the results. Interested parties can listen via webcast or participate via telephone by registering in advance.
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Cohu, Inc. announced the selection of its Sense+ system with µ-sense by a leading U.S. fabless semiconductor manufacturer for testing high-fidelity microphones. The company's latest product, the µ-sense tester, provides precision measurements up to 78 dB signal-to-noise-ratio, eliminating the need for anechoic rooms. Cohu's MEMS test solutions cater to the growing MEMS microphone sensor market projected to reach $6.2 billion annually. The integration of µ-sense with Sense+ automation platform enhances accuracy, sensitivity, and high-speed production for testing next-gen microphones.
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Cohu, Inc. reported a full-year 2023 revenue of $636 million with a fourth-quarter revenue of $137 million. The company paid off $29.3 million of Term Loan B in early 2024 and introduced AI inspection software to boost vision yield. Cohu's GAAP income for 2023 was $28.2 million, with a fourth-quarter GAAP loss of $2.0 million. Non-GAAP income for 2023 was $77.9 million, with a fourth-quarter income of $11.1 million. The company repurchased shares and expects first-quarter 2024 sales to be around $107 million.
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Cohu, Inc. expects fourth quarter 2023 revenue in-line with guidance at approximately $137 million, but first quarter 2024 revenue is anticipated to be approximately 20% lower than fourth quarter 2023. The demand for test and inspection equipment has remained soft, with a drop in estimated equipment utilization. The company is experiencing softer demand for test and inspection systems in segments such as automotive, industrial semiconductor devices, consumer, mobility, and computing. However, recurring revenue remains resilient. Cohu is focused on new product development and customer qualifications to position the company for recovery and ramp in the second half of 2024.
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Cohu, Inc. (COHU) to participate in 26th Annual Needham Virtual Growth Conference on January 19, 2024
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Cohu, Inc. (NASDAQ: COHU) to participate in the 12th Annual NYC Summit Investor Conference. Presentation material will be available on the company's website.
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Cohu, Inc. (NASDAQ: COHU) announced the market introduction of AI Inspection software, a new product offering as part of Cohu’s DI-Core analytics platform. The software provides real-time computation for semiconductor manufacturers to improve visual inspection accuracy at production speeds. It utilizes deep learning and neural network technologies to differentiate micro-scale defects from cosmetic patterns, aiming to optimize semiconductor inspection and deliver approximately $5 million annual subscription revenue on Cohu’s equipment installed base.
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Cohu, Inc. reported fiscal 2023 Q3 net sales of $150.8 million and GAAP income of $3.9 million. Non-GAAP income for the quarter was $16.9 million. The company acquired Equiptest Engineering Pte. Ltd. to expand its recurring revenue. Cohu expects Q4 2023 sales to be around $136 million.
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Cohu, Inc. to release financial results for third quarter on November 2, 2023
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Cohu, Inc. acquires Equiptest Engineering for approximately $20 million, expecting it to be accretive to fiscal 2024. The acquisition will accelerate growth in recurring revenue, expand products, manufacturing, and customer presence. Cohu aims to grow in mid- to high-power test applications in automotive and industrial markets.
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FAQ

What is the current stock price of Cohu (COHU)?

The current stock price of Cohu (COHU) is $14.06 as of April 17, 2025.

What is the market cap of Cohu (COHU)?

The market cap of Cohu (COHU) is approximately 665.8M.

What does Cohu Inc. specialize in?

Cohu Inc. specializes in semiconductor test and inspection equipment, offering solutions for industries like automotive, IoT, and computing.

How does Cohu generate revenue?

Cohu generates revenue by selling semiconductor test handlers, inspection equipment, and related technologies to global semiconductor manufacturers.

What industries does Cohu serve?

Cohu serves industries such as automotive, computing, mobility, IoT, communications, high-speed memory, industrial, and solid-state lighting.

What sets Cohu apart from its competitors?

Cohu differentiates itself with a broad portfolio of enabling technologies, expertise in thermal management, and solutions for both digital and analog testing.

Why is Cohu important in the semiconductor industry?

Cohu plays a critical role in ensuring the quality and reliability of semiconductors, which are foundational to modern technology across various industries.

What are Cohu’s key product categories?

Cohu’s products include digital test handlers, analog test handlers, MEMS test units, and turret-based handling solutions for ICs, LEDs, and discrete components.

How does Cohu address industry challenges?

Cohu addresses industry challenges by focusing on innovation, customization, and providing solutions for diverse end markets to mitigate cyclical demand fluctuations.

What is Cohu’s approach to innovation?

Cohu emphasizes research and development to enhance product capabilities and stay ahead in the rapidly evolving semiconductor industry.
Cohu Inc

Nasdaq:COHU

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COHU Stock Data

665.81M
45.21M
2.69%
96.64%
3.57%
Semiconductor Equipment & Materials
Instruments for Meas & Testing of Electricity & Elec Signals
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