Cohu Reports First Quarter 2020 Results

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[{"type":"text","content":"\n\nSales of $138.9 million were supply chain constrained\n\n\nGross margin of 40.4%; non-GAAP gross margin of 41.7%\n\n\nStrong booking quarter; semi tester orders up 70% year-over-year\n\n\n POWAY, Calif.--(BUSINESS WIRE)--\nCohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today reported fiscal 2020 first quarter net sales of $138.9 million and GAAP loss of $17.3 million or $0.42 per share. Cohu also reported first quarter 2020 non-GAAP income of $0.1 million or $0.00 per share.(1)\n\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\nGAAP Results (1)\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n(in millions, except per share amounts)\n\n\n\nQ1 FY 2020\n\n\n\n \n\n\n\nQ4 FY 2019\n\n\n\n \n\n\n\nQ1 FY 2019\n\n\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\nNet sales\n\n\n\n \n\n\n\n$\n\n\n\n138.9\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n142.0\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n147.8\n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\nLoss\n\n\n\n \n\n\n\n$\n\n\n\n(17.3\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n(16.3\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n(22.9\n\n\n\n)\n\n\n\n\n\n \n\n\n\n \n\n\n\nLoss per share\n\n\n\n \n\n\n\n$\n\n\n\n(0.42\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n(0.39\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n(0.56\n\n\n\n)\n\n\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\nNon-GAAP Results (1)\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n(in millions, except per share amounts)\n\n\n\nQ1 FY 2020\n\n\n\n \n\n\n\nQ4 FY 2019\n\n\n\n \n\n\n\nQ1 FY 2019\n\n\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\nIncome (loss)\n\n\n\n \n\n\n\n$\n\n\n\n0.1\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n(0.5\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n(1.4\n\n\n\n)\n\n\n\n\n\n \n\n\n\n \n\n\n\nIncome (loss) share\n\n\n\n \n\n\n\n$\n\n\n\n0.00\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n(0.01\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n(0.03\n\n\n\n)\n\n\n\n\n\n\n(1)\n\n\nAll ...

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