Cohu Swings to Q1 Adjusted Earnings, Revenue Rises; Q2 Outlook Set

MT Newswires Live

05/01

Cohu (COHU) reported Q1 adjusted earnings Thursdsay of $0.01 per diluted share, swinging from an adjusted loss of $0.02 a year earlier.

Analysts surveyed by FactSet expected $0.03.

Revenue for the quarter ended March 31 was $125.1 million, up from $96.8 million a year earlier.

Analysts polled by FactSet expected $122.1 million.

The company expects Q2 sales to be $144 million, plus or minus $7 million. Analysts surveyed by FactSet expect $132 million.

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