Cohu Falls on Surprise 4Q Adjusted Loss

Dow Jones
Feb 13
 

By Elias Schisgall

 

Shares of Cohu dropped after the company reported an adjusted loss in the fourth quarter, missing Wall Street expectations of an adjusted profit.

Shares were down 16% at $27.56 in pre-market trading Friday. The stock closed Thursday at $32.80, up 53% over the past year.

The company, which supplies services and products to the semiconductor industry, on Thursday reported a loss of $22.5 million, or 48 cents a share, compared to a loss of $21.4 million, or 46 cents a share, a year earlier.

On an adjusted basis, the company reported a loss of 15 cents a share. Analysts surveyed by FactSet were expecting adjusted earnings of 6 cents a share.

Net sales rose to $122.2 million, up from $94.1 million a year earlier and about in line with analyst expectations.

The company is expecting sales in the first quarter of between $115 million and $129 million at a midpoint of $122 million.

 

Write to Elias Schisgall at elias.schisgall@wsj.com

 

(END) Dow Jones Newswires

February 13, 2026 09:31 ET (14:31 GMT)

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