Cohu, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 25, 2021
October 28, 2021 at 04:07 pm
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Cohu, Inc. reported earnings results for the third quarter and nine months ended September 25, 2021. For the third quarter, the company reported sales was USD 225.06 million compared to USD 150.65 million a year ago. Net income was USD 23.73 million compared to net loss of USD 6.65 million a year ago. Basic earnings per share from continuing operations was USD 0.49 compared to basic loss per share from continuing operations of USD 0.16 a year ago. Diluted earnings per share from continuing operations was USD 0.48 compared to diluted loss per share from continuing operations of USD 0.16 a year ago. Basic earnings per share was USD 0.49 compared to basic loss per share of USD 0.16 a year ago. Diluted earnings per share was USD 0.48 compared to diluted loss per share of USD 0.16 a year ago.
For the nine months, sales was USD 695.35 million compared to USD 433.65 million a year ago. Net income was USD 146.44 million compared to net loss of USD 28.66 million a year ago. Basic earnings per share from continuing operations was USD 3.12 compared to basic loss per share from continuing operations of USD 0.69 a year ago. Diluted earnings per share from continuing operations was USD 3.04 compared to diluted loss per share from continuing operations of USD 0.69 a year ago. Basic earnings per share was USD 3.12 compared to basic loss per share of USD 0.69 a year ago. Diluted earnings per share was USD 3.04 compared to diluted loss per share of USD 0.69 a year ago.
Cohu, Inc. is engaged in supplying test, interface, automation, inspection and metrology products, software and services to the semiconductor industry. The Company sells its products, such as semiconductor automated test equipment (ATE), semiconductor handlers, interface products, inspection and metrology, DI-Core data analytics, spares and kits and services. Its semiconductor ATE is used both for wafer level and device package testing. Its solutions consist primarily of two platforms for the system on a chip (SoC) device market: Diamondx tester and PAx tester. Interface Products are comprised of test contactors, probe heads and probe pins. Inspection and Metrology are products that provide advanced vision capabilities. DI-Core data analytics is a comprehensive software suite used to optimize Cohu equipment performance. Spares and Kits are consumable, non-consumable and spare items. It provides various parts and labor warranties on its test and handling systems and instruments.
COHU, INC. 
