Cohu Inc reports results for the quarter ended December 31 - Earnings Summary

• Cohu Inc COHU.OQ reported a quarterly adjusted loss of 15 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 23 cents. The mean expectation of six analysts for the quarter was for a loss of 12 cents per share. Wall Street expected results to range from -13 cents to -10 cents per share.

• Revenue fell 31.4% to $94.12 million from a year ago; analysts expected $95.11 million.

• Cohu Inc's reported EPS for the quarter was a loss of 46 cents​.

• The company reported a quarterly loss of $21.36 million.

• Cohu Inc shares had fallen by 21.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 20.8% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the semiconductor equipment & testing peer group is also "buy"

Wall Street's median 12-month price target for Cohu Inc is $30.00

This summary was machine generated from LSEG data February 13 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)