Cohu (COHU) Misses Q1 EPS by 1c

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Cohu Reports First Quarter 2019 Results

May 6, 2019 4:05 PM EDT

Sales of $147.8 million on higher than anticipated recurring revenue Gross margin of 36.8%; non-GAAP gross margin of 41.5% Business model to benefit from accelerated integration synergies

POWAY, Calif.--(BUSINESS WIRE)-- Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today reported fiscal 2019 first quarter net sales of $147.8million and GAAP loss of $22.9million or $0.56per share. Cohu also reported first quarter 2019 non-GAAP loss of $1.4million or $0.03per share. (1)

GAAP Results (1) (in millions, except per share amounts) Q1 FY 2019 Q4 FY 2018 Q1 FY 2018 Net sales $147.8 $170.6 $95.2 Income (loss)... More