Cohu reported Q4 2021 net sales of $191.9 million and GAAP income of $20.9 million, or $0.42 per share. Non-GAAP income for the quarter was $35.6 million, or $0.72 per share. The company delivered record revenue and profitability in 2021, with non-GAAP EPS of $3.20, up 169% year-over-year.
Q4 Gross margin of 44.0%; non-GAAP gross margin of 44.1%
Q4 design-wins expanding Semitest sales in automotive, display driver and RF-FEM segments
Total cash and investments at year-end 2021 were $379.9 million
Company repurchased 206,572 shares of Common Stock in Q4
Cohu expects first quarter 2022 sales to be between $188 million and $202 million.
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