Cohu: Q4 Earnings Snapshot

Associated Press Finance
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POWAY, Calif. (AP) — POWAY, Calif. (AP) — Cohu Inc. (COHU) on Thursday reported a loss of $2 million in its fourth quarter.

On a per-share basis, the Poway, California-based company said it had a loss of 4 cents. Earnings, adjusted for one-time gains and costs, were 23 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share.

The maker of semiconductor test equipment posted revenue of $137.2 million in the period.

For the year, the company reported profit of $28.2 million, or 59 cents per share. Revenue was reported as $636.3 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COHU at https://www.zacks.com/ap/COHU

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