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 described in its public communications as a global supplier of equipment and services that optimize semiconductor manufacturing yield and productivity. The company provides test, automation, inspection and metrology products and services to semiconductor manufacturers and test subcontractors, and it regularly issues news updates that reflect both its operational progress and its capital markets activity.
On this news page, readers can review Cohu’s press releases covering topics such as quarterly financial results, including GAAP and non-GAAP performance metrics, and commentary from management on business trends. Cohu’s news also includes announcements about participation in investor conferences and summits, where management meets with portfolio managers, analysts and accredited investors to discuss the company’s semiconductor test, automation, inspection and metrology offerings and strategic priorities.
Another key category of Cohu news involves product and technology updates. The company has reported developments in advanced semiconductor applications, including activity in AI data center markets and the selection of its Eclipse platform, equipped with T-Core Active Thermal Control, for production testing of next-generation processor devices. These announcements highlight how Cohu’s equipment is used in high-performance computing and complex semiconductor test environments.
Cohu also issues news related to financing and capital structure, such as the offering, pricing and closing of its 1.50% Convertible Senior Notes due 2031 and the associated capped call transactions. These releases describe the terms of the notes, intended use of proceeds and the expected impact on potential share dilution. Investors and analysts can use this page as a centralized source for Cohu’s official news flow, including earnings, technology milestones, investor events and financing updates.
Cohu (NASDAQ: COHU), a global supplier of semiconductor manufacturing equipment and services, has scheduled its fourth quarter and fiscal year 2024 financial results announcement for February 13, 2025. The results will be released at 1:00 p.m. Pacific Time/4:00 p.m. Eastern Time.
The company will host a live conference call and webcast with presentation materials at 1:30 p.m. Pacific Time/4:30 p.m. Eastern Time. Investors can access the webcast through Cohu's investor relations website, while those wishing to participate via telephone must register in advance to receive dial-in details. The webcast replay will remain available on Cohu's website until February 13, 2026.
Cohu (NASDAQ: COHU), a global supplier of semiconductor manufacturing equipment and services, has announced the completion of its acquisition of Tignis, a company specializing in AI process control and analytics-based monitoring software. The acquisition was funded using cash on hand, and the financial terms were not disclosed as they are not considered material to Cohu's financials.
Cohu (NASDAQ: COHU), a global semiconductor manufacturing equipment and services provider, has announced its upcoming virtual participation in the 27th Annual Needham Growth Conference on January 9, 2025. The company will engage in one-on-one meetings during the conference.
Portfolio managers and analysts interested in meeting with Cohu's management team are advised to arrange appointments through their banking representatives. The company will simultaneously make presentation materials available in the Investor Relations section of their website at www.cohu.com.
Cohu (NASDAQ: COHU) has announced a definitive agreement to acquire Tignis, a provider of AI process control and analytics-based monitoring software. The acquisition targets the $2.6 billion semiconductor process control market through Tignis' PAICe Monitor and PAICe Maker solutions. These products combine physical insights with AI and machine learning for semiconductor manufacturing automation.
Tignis' solutions include an AI-driven anomaly detection platform and process control solution, featuring their patent-pending Digital Twin Query Language (DTQL). The acquisition will enhance Cohu's DI-Core software and expand its analytics capabilities. The transaction, funded with cash on hand, is expected to close in January 2025.
Cohu (NASDAQ: COHU), a global semiconductor manufacturing equipment and services provider, has announced its participation in the 13th Annual NYC Summit Investor Conference. The event will take place at Mastro's New York on Tuesday, December 17, 2024.
The company will make its presentation materials available to investors through the investor relations section of their website at www.cohu.com. This conference participation demonstrates Cohu's ongoing engagement with the investment community and commitment to shareholder communication.
Cohu announced its Neon platform has been selected by a leading U.S. memory manufacturer for inspection metrology of high bandwidth memory (HBM) devices used in high-performance computing and AI applications. The platform features a vision system for 6-sided optical inspection, micro-pillar measurement, and AI-powered inspection software. The HBM market, valued at approximately $23 billion this year, is expected to grow at a 22% CAGR through 2029, presenting a potential revenue opportunity exceeding $100M for inspection metrology systems.
Cohu has entered the Silicon Carbide (SiC) burn-in test market with its Neon system, selected by a leading European customer. The system offers high-speed handling and inspection of high-power SiC dies, featuring a proprietary carrier that enables testing up to 150 devices simultaneously. Key capabilities include high-power testing up to 2,500V, heat dissipation up to 3,000W, and 6-sided optical inspection with AI-powered defect detection. The SiC power market, valued at $2.2 billion with 25% CAGR through 2029, represents a $50 million opportunity for Cohu in this equipment segment.
Cohu Inc reported Q3 2024 financial results with net sales of $95.3 million, showing a decline from $150.8 million in Q3 2023. The company posted a GAAP loss of $18.1 million ($0.39 per share) and non-GAAP loss of $3.8 million ($0.08 per share). Gross margin reached 46.8%, with non-GAAP gross margin at 47.1%. Total cash and investments stood at $269.2 million. The company repurchased 315,000 shares for $8.1 million. Recurring revenue comprised approximately 67% of total revenue, with an 8% sequential growth in recurring orders. Cohu expects Q4 2024 sales to be $95 million ±$7 million.
Cohu (NASDAQ: COHU), a global semiconductor manufacturing equipment and services provider, has announced its participation in the Stifel 2024 Midwest 1x1 Conference. The event will take place on Thursday, November 7, 2024 at the Waldorf Astoria in Chicago, IL. The company will make presentation materials available on their investor relations website section at www.cohu.com. Portfolio managers and analysts interested in meetings should contact their banking representatives to schedule appointments.
Cohu, Inc. (NASDAQ: COHU) has announced a significant order for its Diamondx platform from a leading multinational Automotive, Industrial, and Computing customer. The order includes an integrated test cell solution featuring the new VI100 instrument and major mixed signal platform enhancements, paired with Cohu's NY32 handler and cCompact interface.
The VI100 is a four-quadrant voltage and current instrument designed to address the increasing complexity of analog and power management ICs. The enhanced Diamondx platform now offers up to 80% reduced test time compared to legacy systems, at less than half the cost-of-test of competitive liquid-cooled systems. This advancement positions Cohu to target an estimated $860 million addressable market in automotive, industrial, and computing applications.