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Cohu (COHU)
NASDAQ:COHU
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Earnings Data
Report Date
Feb 13, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.09Last Year’s EPS
$0.23Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 31, 2024
|% Change Since: 1.44%
|Next Earnings Date:Feb 13, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong gross margins, strategic wins in key markets, and expected revenue growth in Q1, but was tempered by declines in certain segments and increased expenses. The outlook shows potential for recovery with new product traction.Company Guidance
During Cohu's third-quarter 2024 earnings call, the company provided guidance for the fourth quarter, anticipating revenue to be approximately $95 million, plus or minus $7 million, remaining steady compared to Q3. The gross margin for Q4 is forecasted at around 44%, slightly lower than the previous quarter's strong 47.1%. Operating expenses are expected to increase to about $46 million due to higher labor costs. The company projects a Q4 non-GAAP tax provision of approximately $3.1 million, with foreign profits being taxed without a benefit from U.S. losses. Cohu anticipates an increase in revenue by 10% in Q1 2025 compared to Q4, reflecting a book-to-bill ratio over 1. Additionally, the basic share count for Q4 is expected to be around 46.5 million shares.Strong Non-GAAP Gross Margin
Third quarter non-GAAP gross margin was approximately 47%, benefiting from initial revenue of new products and lower manufacturing costs.
Mobile Segment Growth
Mobile segment accounted for 12% of consolidated revenue, with a 13% year-over-year revenue growth, indicating a turning point in the segment.
Strategic Wins in Semiconductor Markets
Significant test cell design win at a top 5 automotive semiconductor manufacturer and entry into memory and silicon carbide power semiconductor markets.
Neon Inspection Metrology Platform Order
Received a customer order for the Neon inspection metrology platform configured for high bandwidth memory, marking a strategic win with growth opportunities.
Expansion of DI-Core Software Platform
Increased customer interest and orders for AI inspection software, enhancing recurring business with machine learning analytics.
Q1 Revenue Growth Expectation
Q1 revenue is projected to be approximately 10% higher than Q4, indicating a potential recovery in business.
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COHU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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COHU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 31, 2024 | $24.92 | $27.35 | +9.75% |
| Jul 31, 2024 | $31.99 | $28.00 | -12.47% |
| May 02, 2024 | $30.34 | $29.60 | -2.44% |
| Feb 15, 2024 | $34.43 | $32.47 | -5.69% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Cohu (COHU) report earnings?
Cohu (COHU) is schdueled to report earning on Feb 13, 2025, TBA Not Confirmed.
What is Cohu (COHU) earnings time?
Cohu (COHU) earnings time is at Feb 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is COHU EPS forecast?
COHU EPS forecast for the fiscal quarter 2024 (Q4) is -$0.09.
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