Cohu (COHU) Tops Q1 EPS by 10c, Offers Q2 Guidance
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Cohu Reports First Quarter 2021 Results
April 29, 2021 8:00 AM EDTRecord first quarter revenue $225.5 million, up 11.4% quarter-over-quarter Gross margin of 45.3%; non-GAAP gross margin of 45.6% Record orders driven by robust automotive segment demand and broad market strength Reduced outstanding Term Loan B debt by approximately $102 million during the quarter
POWAY, Calif.--(BUSINESS WIRE)-- Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today reported fiscal 2021 first quarter net sales of $225.5 million and GAAP income of $27.6 million or $0.61 per share. Cohu also reported first quarter 2021 non-GAAP income of $40.5 million or $0.89 per share.... More
