Cohu, Inc. (NASDAQ:COHU) is set to announce third quarter earning results on Thursday 29th October 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, COHU to report 3Q20 income of $ 0.19 per share.
For the full year, analysts anticipate top line of $ 571.66 million, while looking forward to income of $ 0.52 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 146.00 million ~ $ 146.00 million
Click Here For More Historical Outlooks Of Cohu, Inc.
Previous Quarter Performance
Cohu, Inc. unfold income for the second quarter of $ 0.17 per share, from the revenue of $ 144.08 million. The quarterly earnings expanded 750.00 percent while revenues declined 3.95 percent compared with the same quarter last year.
Wall street analysts are predicting, COHU to report 2Q20 income of $ 0.07 per share from revenue of $ 142.37 million. The bottom line results beat street analysts by $ 0.1 or 142.86 percent, at the same time, top line results outshined analysts by $ 1.71 million or 1.20 percent.
Stock Performance
Shares of Cohu, Inc. traded low $ -0.87 or -4.81 percent on Wednesday, reaching $ 17.20 with volume of 180.60 thousand shares. Cohu, Inc. has traded high as $ 17.78 and has cracked $ 17.15 on the downward trend
According to the previous trading day, closing price of $ 17.20, representing a 103.26 % increase from the 52 week low of $ 8.89 and a 31.63 % decrease over the 52 week high of $ 26.43.
The company has a market capital of $ 720.04 million and is part of the Technology sector and Semiconductor Equipment & Materials industry.
Conference Call
Cohu, Inc. will be hosting a conference call at 8:00 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.cohu.com
Cohu, Inc., through its subsidiaries, provides semiconductor test and inspection handlers, micro-electro mechanical system (MEMS) test modules, test contactors, thermal sub-systems, semiconductor automated test equipment (ATE), and bare board printed circuit board (PCB) test systems for semiconductor and electronics manufacturers, and test subcontractors worldwide. It operates through two segments, Semiconductor Test and Inspection Equipment, and PCB Test Equipment. The company provides semiconductor ATE for wafer level and device package testing; various test handlers, including pick-and-place, turret, gravity, strip, and MEMS for testing and inspection of packaged semiconductor devices; and thermal sub-systems that include temperature control of the integrated circuit during the testing process.
