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Jun 25, 2022
Cohu Q2 2022 Earnings Report
Reported an outstanding quarter with revenue up and gross margin progressing
Key Takeaways
Cohu reported Q2 2022 results with net sales of $217.2 million and GAAP income of $28.8 million or $0.59 per share. Non-GAAP income was $39.7 million or $0.81 per share. The company expects Q3 2022 sales to be between $198 million and $212 million.
Second quarter revenue was $217.2 million, up 9.8% quarter-over-quarter
Gross margin was 46.5% and non-GAAP gross margin was 46.5%
Leading U.S. semiconductor manufacturer selected Diamondx
Total cash and investments at the end of second quarter 2022 were $368.1 million and Term Loan B principal amount was $79.3 million
Forward Guidance
Cohu expects third quarter 2022 sales to be between $198 million and $212 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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