Recent Updates — COHU

Cohu reported third-quarter fiscal 2026 net sales of $173.0 million, a 37% increase year-over-year, with GAAP income of $12.1 million or $0.22 per share. Non-GAAP income was $23.3 million or $0.43 per share. Bookings surged 126% year-over-year, driven by a 318% increase in systems orders and strong recurring revenue growth. The company raised its fiscal 2026 high-performance computing (HPC) revenue outlook to approximately $120 million, citing growing customer adoption of Eclipse thermal solutions for AI-driven compute applications. Cohu expects fourth-quarter sales to rise 46% year-over-year to a range of $178 million plus or minus $7 million. The company operates in the semiconductor equipment and services industry, supplying test, automation, inspection, and metrology products.

Cohu, Inc. reported fiscal second quarter net sales of $149.0 million, a 38% increase year-over-year, with GAAP net loss of $0.2 million ($0.00 per share) and non-GAAP net income of $14.1 million ($0.26 per share). First-half net sales totaled $274.1 million against a GAAP loss of $12.2 million, while non-GAAP income was $14.6 million ($0.29 per share). The company raised its FY2026 high-performance computing revenue estimate to $100–$110 million and provided third-quarter sales guidance of $170 million +/- $7 million. Cohu operates in the semiconductor equipment industry, supplying test, automation, inspection, and metrology products.