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NASDAQ:COHU
Cohu Stock Earnings Reports
$15.61
+0.89 (+6.05%)
At Close: Apr 23, 2025
Cohu Earnings Calls
Q1 2025
(Upcoming)
| Release date | May 01, 2025 |
| EPS estimate | -$0.160 |
| EPS actual | - |
| Revenue estimate | 96.613M |
| Revenue actual | - |
| Expected change | +/- 6.23% |
Q4 2024
Missed
-$0.150 (-114.29%)
| Release date | Feb 13, 2025 |
| EPS estimate | -$0.0700 |
| EPS actual | -$0.150 |
| EPS Surprise | -114.29% |
| Revenue estimate | 95.114M |
| Revenue actual | 94.122M |
| Revenue Surprise | -1.04% |
Q3 2024
| Release date | Oct 31, 2024 |
| EPS estimate | -$0.0800 |
| EPS actual | -$0.0800 |
| Revenue estimate | 95.1M |
| Revenue actual | 95.342M |
| Revenue Surprise | 0.254% |
Q2 2024
Missed
-$0.0100 (-56.01%)
| Release date | Jul 31, 2024 |
| EPS estimate | -$0.0064 |
| EPS actual | -$0.0100 |
| EPS Surprise | -56.01% |
| Revenue estimate | 105.12M |
| Revenue actual | 104.701M |
| Revenue Surprise | -0.399% |
Last 4 Quarters for Cohu
Below you can see how COHU performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Q2 2024
Missed
| Release date | Jul 31, 2024 |
| Fiscal end date | Jun 29, 2024 |
| Price on release | $31.99 |
| EPS estimate | -$0.0064 |
| EPS actual | -$0.0100 |
| EPS surprise | -56.01% |
| Date | Price |
|---|---|
| Jul 25, 2024 | $31.05 |
| Jul 26, 2024 | $31.34 |
| Jul 29, 2024 | $31.86 |
| Jul 30, 2024 | $31.02 |
| Jul 31, 2024 | $31.99 |
| Aug 01, 2024 | $28.01 |
| Aug 02, 2024 | $26.62 |
| Aug 05, 2024 | $25.47 |
| Aug 06, 2024 | $24.97 |
| 4 days before | 3.03% |
| 4 days after | -21.94% |
| On release day | -12.44% |
| Change in period | -19.58% |
Q3 2024
| Release date | Oct 31, 2024 |
| Fiscal end date | Sep 28, 2024 |
| Price on release | $24.92 |
| EPS estimate | -$0.0800 |
| EPS actual | -$0.0800 |
| Date | Price |
|---|---|
| Oct 25, 2024 | $25.89 |
| Oct 28, 2024 | $26.47 |
| Oct 29, 2024 | $26.55 |
| Oct 30, 2024 | $25.95 |
| Oct 31, 2024 | $24.92 |
| Nov 01, 2024 | $27.35 |
| Nov 04, 2024 | $26.51 |
| Nov 05, 2024 | $27.55 |
| Nov 06, 2024 | $28.57 |
| 4 days before | -3.75% |
| 4 days after | 14.65% |
| On release day | 9.75% |
| Change in period | 10.35% |
Q4 2024
Missed
| Release date | Feb 13, 2025 |
| Fiscal end date | Dec 28, 2024 |
| Price on release | $21.47 |
| EPS estimate | -$0.0700 |
| EPS actual | -$0.150 |
| EPS surprise | -114.29% |
| Date | Price |
|---|---|
| Feb 07, 2025 | $21.72 |
| Feb 10, 2025 | $21.77 |
| Feb 11, 2025 | $21.24 |
| Feb 12, 2025 | $20.87 |
| Feb 13, 2025 | $21.47 |
| Feb 14, 2025 | $21.12 |
| Feb 18, 2025 | $21.32 |
| Feb 19, 2025 | $21.39 |
| Feb 20, 2025 | $21.46 |
| 4 days before | -1.15% |
| 4 days after | -0.0466% |
| On release day | -1.63% |
| Change in period | -1.20% |
Q1 2025
(Upcoming)
| Release date | May 01, 2025 |
| Fiscal end date | Mar 27, 2025 |
| Price on release | - |
| EPS estimate | -$0.160 |
| EPS actual | - |
| Date | Price |
|---|---|
| Apr 16, 2025 | $13.93 |
| Apr 17, 2025 | $14.06 |
| Apr 21, 2025 | $14.30 |
| Apr 22, 2025 | $14.72 |
| Apr 23, 2025 | $15.61 |
Cohu Earnings Call Transcript Summary of Q4 2024
Financial Performance
- Cohu reported full-year revenue of approximately $402 million for 2024, with fourth-quarter revenue meeting guidance at $94.1 million.
- Recurring revenue constituted 62% of fourth-quarter sales, highlighting stability amidst industry downturns.
- Full-year gross margin was 45%, while the fourth quarter saw a slight dip to 41.8%, impacted by a $2.1 million inventory reserve charge.
Market Trends
- The company is navigating a downturn in key market segments, particularly automotive and mobile, as customers manage ongoing inventory corrections.
- Test cell utilization rose to 73%, with OSATs at 76% and IDMs at 70%.
New Market Opportunities
- Cohu has ventured into High Bandwidth Memory (HBM) inspection and silicon carbide power semiconductor markets, anticipating potential revenue of $7 million from HBM in 2025.
- The company is strategically positioning itself in fast-growing areas, especially data centers and AI applications, targeting design wins that could generate $25 million to $30 million incremental revenue in 2025.
Software Business Expansion
- The acquisition of Tignis, focused on AI-driven process control, is expected to enhance Cohu's capabilities in semiconductor manufacturing.
- The company projects potential software revenue growth at an annual rate of 50% or more over the next three years.
Outlook for First Quarter 2025
- Revenue is forecasted to be around $97 million, influenced by customer requests for delayed shipments.
- Gross margin for Q1 is expected to be about 44%.
- Operating expenses will rise to $49 million due to the addition of Tignis and other factors.
Investment and Shareholder Returns
- Cohu's balance sheet remains strong with $262 million in cash and investments, supporting growth opportunities while returning capital to shareholders through a share repurchase program.
Long-Term Strategy
- Cohu aims to continue developing differentiated products and optimize its manufacturing cost structure, alongside expanding its product portfolio through investments and acquisitions.
Conclusion
Investors should note Cohu's resilience amidst market challenges, its strategic expansion into high-potential segments like HBM and AI-driven software, and a commitment to enhancing shareholder value through prudent financial management and growth initiatives.
Cohu Earnings History
Earnings Calendar
FAQ
When is the earnings report for COHU?
Cohu (COHU) has scheduled its earnings report for May 01, 2025 after the markets close.
What is the COHU price-to-earnings (P/E) ratio?
COHU P/E ratio as of Apr 23, 2025 (TTM) is -9.61.
What is the COHU EPS forecast?
The forecasted EPS (Earnings Per Share) for Cohu (COHU) for the first fiscal quarter 2025 is -$0.160.
What are Cohu's retained earnings?
On its balance sheet, Cohu reported retained earnings of $94.12 million for the latest quarter ending Dec 28, 2024.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
