Cohu (COHU) Tops Q1 EPS by 1c

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Cohu Reports First Quarter 2016 Operating Results

April 28, 2016 4:00 PM EDT

Q1 sales of $65.8 million are up 4% sequentially Q1 non-GAAP adjusted EPS of $0.06; GAAP loss per share of $0.07 Design-wins in mobility market with new turret handler and test contactors

POWAY, Calif.--(BUSINESS WIRE)-- Cohu, Inc. (NASDAQ: COHU) today reported fiscal 2016 first quarter net sales of $65.8 million and a GAAP loss of $1.9 million or $0.07 per share. The Company also reported non-GAAP results, with first quarter 2016 income of $1.5 million or $0.06 per share.

                    GAAP Results (1)       (in millions, except per share amounts) Q1 FY 2016 Q4 FY 2015 Q1 FY 2015     Net sales $... More