Cohu: Q2 Earnings Snapshot
By AP News
Published - Aug 01, 2024, 02:11 AM ET
Last Updated - Aug 01, 2024, 02:11 AM EDT
POWAY, Calif. (AP) — POWAY, Calif. (AP) — Cohu Inc. (COHU) on Wednesday reported a loss of $15.8 million in its second quarter.
The Poway, California-based company said it had a loss of 34 cents per share. Losses, adjusted for one-time gains and costs, were 1 cent per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.
The maker of semiconductor test equipment posted revenue of $104.7 million in the period.
