Cohu Reports Fourth Quarter 2016 Operating Results

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Needham & Company Reiterates Hold on Cohu (COHU) Following 4Q Report

February 17, 2017 7:03 AM EST

Needham & Company reiterated a Hold rating on Cohu (NASDAQ: COHU) following the company's 4Q earnings report. COHU reported revenue of $70.7MM, above guidance and consensus of $65MM on strong turret handler sales. NG EPS of $0.24 far exceeds consensus of $0.09.

Analyst Edwin Mok commented,... More