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Cohu, Inc. - COHU STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cohu's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cohu's position in the market.

News
Cohu to Announce First Quarter 2024 Results on May 2
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.57%
Tags
earnings
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News
Cohu Announces Orders for New MEMS Microphone Tester
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.69%
Tags
none
-
News
Cohu Reports Fourth Quarter 2023 Results
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.69%
Tags
earnings
News
Cohu Provides Business Update for Fourth Quarter 2023, Date for Earnings Call and Preliminary First Quarter 2024 Guidance
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.03%
Tags
earnings
-
News
Cohu to Participate at 26th Annual Needham Virtual Growth Conference
Rhea-AI Summary
Cohu, Inc. (COHU) to participate in 26th Annual Needham Virtual Growth Conference on January 19, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.33%
Tags
conferences
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News
Cohu to Participate in the 12th Annual NYC Summit Investor Conference
Rhea-AI Summary
Cohu, Inc. (NASDAQ: COHU) to participate in the 12th Annual NYC Summit Investor Conference. Presentation material will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.04%
Tags
conferences
News
Cohu Launching Artificial Intelligence (AI) Inspection Capability
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.18%
Tags
AI
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News
Cohu Reports Third Quarter 2023 Results
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
Tags
earnings
-
News
Cohu To Announce Third Quarter 2023 Results on November 2
Rhea-AI Summary
Cohu, Inc. to release financial results for third quarter on November 2, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.78%
Tags
earnings
News
Cohu Acquires Equiptest Engineering
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.2%
Tags
acquisition
Stock COHU logo
Cohu, Inc.

Nasdaq:COHU

COHU Rankings

#2133 Ranked by Market Cap
#2473 Ranked by Stock Gains
N/A Ranked by Dividends

COHU Stock Data

1.47B
45.86M
1.79%
91.53%
2.14%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
US
Poway

About COHU

cohu is a publicly traded (nasdaq: cohu) global company with headquarters in poway, ca in san diego county. we are a leader in the semiconductor test and inspection equipment industry. our customers are global leaders in industries that include automotive, computing, mobility, iot, communications, high-speed memory, industrial, and solid state lighting. the company offers the broadest portfolio of enabling technologies in the industry that can be integrated in any of its handler platforms to optimize semiconductor test and solve some of the most challenging customer requirements. our business groups and products include: digital test handlers – pick-and-place semiconductor test handlers, burn-in related equipment and thermal sub-systems (reference delta design products). analog test handlers – gravity feed, test-in-strip handlers and mems test units (reference rasco products) and turret-based test handling and back-end finishing equipment for ics, leds and discrete components (referenc