Cohu (COHU) Tops Q3 EPS by 8c, Offers Q4 Guidance

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Cohu Reports Third Quarter 2020 Results

October 29, 2020 8:00 AM EDT

Sales of $150.6 million exceeded previous guidance Gross margin of 42.2%; non-GAAP gross margin of 44.0% Reduced Term Loan B debt associated with the financing of the Xcerra acquisition by $17.3 million Strong mobility orders for RF testers and handlers driven by new 5G smartphones Improving demand from automotive and industrial segment customers ahead of previous expectations

POWAY, Calif.--(BUSINESS WIRE)-- Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today reported fiscal 2020 third... More