Cohu (COHU) Tops Q3 EPS by 1c

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Cohu Reports Third Quarter 2021 Results

October 28, 2021 4:05 PM EDT

Third quarter revenue $225.1 million, up 49% year-over-year Gross margin of 42.5%; non-GAAP gross margin of 42.3% Board authorized a $70 million share repurchase program

POWAY, Calif.--(BUSINESS WIRE)-- Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today reported fiscal 2021 third quarter net sales of $225.1 million and GAAP income of $23.7 million or $0.48 per share. Net sales for the first nine months of 2021 were $695.4 million and GAAP income was $146.4 million or $3.04 per share.(1)

Cohu also reported non-GAAP results, with third... More