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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.

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.

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Cohu, Inc. (NASDAQ: COHU), a leader in semiconductor manufacturing solutions, announced its participation in Stifel’s 2022 Midwest One-on-One Growth Conference on November 10, 2022, at the Waldorf Astoria in Chicago. The event aims to connect portfolio managers and analysts with company executives for discussions on business strategies and market insights. Attendees are encouraged to schedule meetings through their banking representatives. Presentation materials will be available on the company's Investor Relations website.

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Cohu, Inc. reported third-quarter 2022 revenue of $206.7 million, down from $217.2 million in Q2 2022 and $225.1 million in Q3 2021. GAAP net income was $24.9 million or $0.51 per share, while non-GAAP net income was $36.1 million or $0.74 per share. Cohu's recurring revenue, accounting for 42% of total revenue, demonstrates resilience despite industry cycles. The company approved a $70 million increase in its share repurchase program and maintained a strong cash position of $369.4 million at the quarter's end.

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Cohu, Inc. (NASDAQ: COHU) will announce its third-quarter financial results on October 27, 2022, at 1:00 PM PT. A live conference call will follow at 1:25 PM PT, accessible via webcast on the investor relations website. Participants can also register for telephone access. The webcast replay will be available until October 27, 2023. Cohu is a technology leader providing solutions to the semiconductor industry, enhancing manufacturing yield and efficiency.

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Cohu, a leader in back-end semiconductor equipment, is set to participate in several investor conferences in August and September 2022. The events include the D.A. Davidson Big Sky Tech Conference in Big Sky, MT (August 22-23), the 3rd Annual Needham Virtual Conference (August 24), Citi's Global Technology Conference in New York (September 9), and Goldman Sachs Communacopia + Technology Conference in San Francisco (September 14). Presentation materials will be available on Cohu's Investor Relations website.

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Cohu, Inc. (NASDAQ: COHU) reported second quarter 2022 net sales of $217.2 million, representing a 9.8% increase from the previous quarter. The company's GAAP net income reached $28.8 million or $0.59 per share. For the first six months of 2022, net sales were $415.0 million, with a GAAP income of $50.3 million or $1.02 per share. Additionally, Cohu's non-GAAP income for Q2 was $39.7 million or $0.81 per share. The company maintains a strong cash position of $368.1 million and continues to diversify its customer base.

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Cohu, Inc. (NASDAQ: COHU) will announce its second-quarter financial results on Thursday, July 28, 2022, at 1:00 p.m. PT. The company will hold a live conference call and webcast at 1:25 p.m. PT to discuss these results. Interested participants can access the webcast on Cohu’s investor relations website. A replay of the webcast will be available through July 28, 2023. Cohu is a leader in back-end semiconductor equipment and services, providing cutting-edge solutions for semiconductor manufacturing.

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Cohu, a leader in semiconductor equipment, has updated its fiscal Q2 2022 guidance. Expected revenue ranges from $216 million to $218 million, exceeding the previous midpoint of $213 million, with recurring revenue around 39%. The backlog is projected at $342 million, to be shipped over the next three quarters. Cohu repurchased over 504,000 shares for $14 million and reduced its term loan B balance by $16 million. Ending cash balance is anticipated to be approximately $368 million.

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Cohu, Inc. (NASDAQ: COHU) announced participation in the 14th Annual CEO Summit on July 13, 2022, at the St. Regis Hotel, San Francisco. This exclusive event features a round-robin format for small group meetings with company management. Materials from the summit will be available on Cohu's investor page at www.cohu.com. The summit is invitation-only, aimed at accredited investors and research analysts, and attendees should RSVP early due to limited space.

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Cohu, Inc. (NASDAQ: COHU) announced that a leading U.S. semiconductor manufacturer has selected its Diamondx platform for testing IoT devices, enhancing test parallelism. The Diamondx platform, equipped with RedDragon RF instrumentation, supports testing for emerging technologies such as 5G and Wi-Fi 7. CEO Luis Müller highlighted the platform's cost-effectiveness, replacing multiple testers with a single solution to improve throughput up to 480V. This adoption underscores Cohu's strategy for expanding market applications in the mixed signal sector.

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Cohu, a leader in back-end semiconductor equipment and services, is set to participate in several investor conferences in June 2022. Key events include the 22nd Annual B. Riley Securities Institutional Investor Conference on May 25 in Beverly Hills, the 19th Annual Craig-Hallum Institutional Investor Conference virtually on June 1, and the Cowen 50th Annual Technology, Media & Telecom Conference on June 2 in New York. Investors can access presentation materials on Cohu's website.

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FAQ

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

The current stock price of Cohu (COHU) is $25.28 as of December 20, 2024.

What is the market cap of Cohu (COHU)?

The market cap of Cohu (COHU) is approximately 1.2B.

What does Cohu Inc. specialize in?

Cohu Inc. specializes in semiconductor test and inspection equipment, providing advanced solutions for various industries including automotive, computing, and IoT.

Where is Cohu Inc. headquartered?

Cohu Inc. is headquartered in Poway, California, within San Diego County.

What are some of the main products offered by Cohu Inc.?

Cohu Inc.'s main products include semiconductor ATE, semiconductor handlers, interface products like test contactors and probe heads, spares and kits, and bare board PCB test systems.

Who are the primary customers of Cohu Inc.?

Cohu Inc.'s primary customers are global leaders in industries such as automotive, computing, mobility, IoT, communications, and high-speed memory.

In which market segment does Cohu Inc. operate?

Cohu Inc. operates primarily within the Semiconductor Test and Inspection Equipment segment.

What recent achievements has Cohu Inc. accomplished?

Cohu Inc. has been part of several major projects and partnerships aimed at enhancing its financial condition and expanding its market presence.

Does Cohu Inc. offer any specialized test modules?

Yes, Cohu Inc. offers micro-electro-mechanical system (MEMS) test modules among its diverse product offerings.

What industries benefit from Cohu Inc.'s products?

Industries such as automotive, computing, IoT, high-speed memory, industrial, and solid-state lighting benefit from Cohu Inc.'s products.

What makes Cohu Inc.'s products unique?

Cohu Inc.'s products are known for their ability to integrate enabling technologies into handler platforms, optimizing semiconductor tests and meeting complex customer requirements.

How can I stay updated with the latest news about Cohu Inc.?

You can stay updated by following the latest news and developments on Cohu Inc. on their official website and financial news platforms.

Cohu Inc

Nasdaq:COHU

COHU Rankings

COHU Stock Data

1.19B
45.36M
2.7%
93.53%
3.66%
Semiconductor Equipment & Materials
Instruments for Meas & Testing of Electricity & Elec Signals
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United States of America
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