Cohu, Inc. reports results for the quarter ended September 30 - Earnings Summary

• Cohu, Inc. reported quarterly adjusted earnings of 43 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -6 cents. The mean expectation of eight analysts for the quarter was for earnings of 34 cents per share. Wall Street expected results to range from 33 cents to 36 cents per share.

• Revenue rose 37% to $172.96 million from a year ago; analysts expected $164.56 million.

• Cohu, Inc.'s reported EPS for the quarter was 22 cents​.

• The company reported quarterly net income of $12.13 million.

• Cohu, Inc. shares had fallen by 25.2% this quarter and gained 119.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 54.9% 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 8 "strong buy" or "buy," no "hold" and no "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 $70.00, about 27.2% above its last closing price of $50.98

This summary was machine generated from LSEG data October 28 at 09:02 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)