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Cohu reported Q4 2019 net sales of $142.0 million and a GAAP loss of $16.3 million or $0.39 per share. The company's fourth quarter orders gained momentum, primarily driven by mobility and a late quarter uptick in automotive.
Fourth consecutive year of revenue growth; 4-year CAGR 21%
Delivering $40 million of annual run-rate cost synergies from the Xcerra integration
5G-driven and automotive semiconductor test orders improved in late Q4
Total cash and investments at year-end 2019 were $156.1 million
Cohu expects first quarter 2020 sales to be between $140 million and $152 million.
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