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, 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
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.
Cohu, Inc. (NASDAQ: COHU) has successfully completed the sale of its Printed Circuit Board Test Group business to Mycronic AB for $125.4 million. This transaction aligns with a definitive agreement announced earlier. Cohu plans to use the net proceeds, after accounting for transaction costs and taxes, to repay approximately $100 million of its term loan facility, enhancing its financial stability. The press release also includes forward-looking statements cautioning that actual results may differ due to various risks and uncertainties.
FAQ
What is the current stock price of Cohu (COHU)?
What is the market cap of Cohu (COHU)?
