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Sep 30, 2023
Cohu Q3 2023 Earnings Report
Cohu's financial performance remained resilient, driven by strategic acquisitions and customer focus.
Key Takeaways
Cohu reported Q3 2023 net sales of $150.8 million and GAAP income of $3.9 million, or $0.08 per share. The company acquired Equiptest Engineering Pte. Ltd. (EQT) to expand recurring business.
Third quarter revenue was $150.8 million.
GAAP income was $3.9 million or $0.08 per share.
Non-GAAP income was $16.9 million or $0.35 per share.
Acquired EQT to expand recurring revenue.
Forward Guidance
Cohu expects fourth quarter 2023 sales to be in a range of $136 million +/- $6 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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