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. reports business developments as a global supplier of test, automation, inspection and metrology products, software analytics solutions and services for the semiconductor industry. Company news commonly covers quarterly results, recurring revenue from services, interface solutions and handler-related spares, and demand trends tied to semiconductor test cell utilization.
Updates also include customer orders and design-win activity for platforms such as Eclipse, which is configured for high-performance computing and AI datacenter processor testing, as well as PAICe Prescriptive software analytics for production efficiency. Cohu communications frequently address automotive ADAS, power devices, computing AI and HBM inspection metrology applications.
Cohu, Inc. (NASDAQ: COHU) announced its participation in the 10th Annual December CEO Summit on December 8, 2021, at St. Regis San Francisco. This event will feature small group meetings with executive management and is by invitation only for accredited investors and analysts. Attendees must show proof of COVID vaccination. Registration closes on November 29, 2021. Presentation materials will be available on Cohu's investor website. Cohu is a leader in back-end semiconductor equipment and services.
Cohu, Inc. (NASDAQ: COHU) announced its participation in two upcoming investor conferences. The first is the Stifel 2021 Virtual Midwest One-on-One Growth Conference on November 11, 2021, followed by the 12th Annual Craig-Hallum Alpha Select Conference on November 16, 2021. Both conferences will feature a one-on-one meeting format. Presentation materials will be available on Cohu's Investor Relations website. Cohu is a leader in back-end semiconductor equipment and services, providing advanced solutions for semiconductor manufacturing.
Cohu, Inc. (NASDAQ: COHU) reported third quarter 2021 net sales of $225.1 million, a 49% increase year-over-year, with a GAAP income of $23.7 million or $0.48 per share. For the first nine months, net sales reached $695.4 million and GAAP income was $146.4 million or $3.04 per share. The company announced a $70 million share repurchase program. Looking ahead, fourth quarter sales are projected between $182 million and $195 million. Cohu's strong demand for test systems and current 87% test cell utilization underline its growth.
Cohu, Inc. (NASDAQ: COHU) will release its third quarter 2021 financial results on October 28, 2021, at 1:00 p.m. PT. A live conference call will follow at 1:30 p.m. PT, allowing investors and analysts to engage directly. The call can be accessed through designated phone numbers or via a webcast on Cohu's website. A replay will be available until November 4, 2021. This announcement highlights Cohu's commitment to transparency and investor relations in the semiconductor equipment sector.
Cohu (NASDAQ: COHU) will participate in Citi's 2021 Global Technology Virtual Conference on September 13, 2021. The event will feature a one-on-one meeting format and a fireside chat, facilitating direct discussions with management.
Presentation materials will be accessible via the Investor Relations section on www.cohu.com. Portfolio managers and analysts are encouraged to schedule meetings through their banking representatives.
Cohu, Inc. (NASDAQ: COHU) reported that its Neon inspection and metrology platform has been selected by a large integrated device manufacturer for various global sites. Orders for Neon reached $33 million in the first eight months of 2021, indicating strong demand for advanced semiconductor inspection. The platform's high throughput and advanced vision systems are features that enhance production efficiency. Cohu projects its inspection and metrology business to generate around $70 million in revenue for 2021, highlighting its growth in this segment.
Cohu, a global leader in back-end semiconductor equipment and services (NASDAQ: COHU), has announced participation in several upcoming investor conferences. These include:
- B. Riley Securities Summer Summit on August 19, 2021.
- Needham Virtual 2nd Annual SemiCap and EDA Conference on August 24, 2021.
- Rosenblatt Securities Inaugural Tech Summit on August 25, 2021.
- Jefferies Semiconductor, IT Hardware & Communications Infrastructure Summit on August 31 and September 1, 2021.
Presentation materials will be available on their website.
Cohu, a leader in back-end semiconductor equipment, reported a strong fiscal Q2 2021 with net sales of $244.8 million and GAAP income of $95.1 million, translating to $1.92 per share. Year-to-date, sales reached $470.3 million with a GAAP income of $122.7 million.
The recent divestment of its PCB Test business yielded a $75.8 million gain and allowed the company to prepay $100 million of its term loan B debt. Cohu forecasts Q3 2021 sales between $220 million and $235 million.
Cohu, Inc. (NASDAQ: COHU) will announce its second quarter 2021 financial results on July 29, 2021, at 5:00 a.m. Pacific Time. A live conference call and webcast will follow at 5:30 a.m. Pacific Time, open to investors and analysts. Interested parties can join the call using specific dial-in numbers and a passcode. A replay of the teleconference will be available until August 5, 2021, with additional access to the webcast on the company’s website. Cohu is a leader in back-end semiconductor equipment and services.
Cohu, Inc. (NASDAQ: COHU) has prepaid an additional $100 million of its term loan B facility, lowering its outstanding principal to approximately $104 million. This prepayment, funded by proceeds from a business divestment, is expected to save about $0.8 million in interest expenses for Q3 2021. However, Cohu anticipates a non-cash charge of approximately $1.7 million due to accelerated loan origination costs. CEO Luis Müller highlighted the importance of deleveraging, noting a total reduction of approximately $202 million in TLB debt during fiscal 2021.