Business
Cohu Reports Fourth Quarter 2022 Results
Gross margin of 48.7%; non-GAAP gross margin of 48.8% Customer signs annual subscription for DI-Core predictive maintenance software Launched collaboration

About this update from Cohu, Inc.
[{"type":"text","content":"\n\nGross margin of 48.7%; non-GAAP gross margin of 48.8%\n\n\nCustomer signs annual subscription for DI-Core predictive maintenance software\n\n\nLaunched collaboration with Taiwanese partner to deliver advanced probe card solutions\n\n\nAcquired MCT Worldwide, expanding product portfolio and solutions for advanced packages in panel test\n\n\n POWAY, Calif.--(BUSINESS WIRE)--\nCohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today reported fiscal 2022 fourth quarter net sales of $191.1 million and GAAP income of $21.6 million or $0.45 per share. Net sales for full year 2022 were $812.8 million with GAAP income of $96.8 million or $1.98 per share.(1)\n\nThe Company also reported non-GAAP results, with fourth quarter 2022 income of $33.5 million or $0.70 per share and income of $141.9 million or $2.91 per share for full year 2022.(1)\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\nGAAP Results\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n(in millions, except per share amounts)\n\n\n\nQ4 FY\n2022\n\n\n\n \n\n\n\nQ3 FY\n2022\n\n\n\n \n\n\n\nQ4 FY\n2021\n\n\n\n \n\n\n\n12\nMonths\n2022\n\n\n\n \n\n\n\n12\nMonths\n2021\n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\nNet sales\n\n\n\n \n\n\n\n$\n\n\n\n191.1\n\n\n\n \n\n\n\n$\n\n\n\n206.7\n\n\n\n \n\n\n\n$\n\n\n\n191.9\n\n\n\n \n\n\n\n$\n\n\n\n812.8\n\n\n\n \n\n\n\n$\n\n\n\n887.2\n\n\n\n \n\n\n\n\n\n \n\n\n\nNet income\n\n\n\n \n\n\n\n$\n\n\n\n21.6\n\n\n\n \n\n\n\n$\n\n\n\n24.9\n\n\n\n \n\n\n\n$\n\n\n\n20.9\n\n\n\n \n\n\n\n$\n\n\n\n96.8\n\n\n\n \n\n\n\n$\n\n\n\n167.3\n\n\n\n \n\n\n\n\n\n \n\n\n\nNet income per share\n\n\n\n \n\n\n\n$\n\n\n\n0.45\n\n\n\n \n\n\n\n$\n\n\n\n0.51\n\n\n\n \n\n\n\n$\n\n\n\n0.42\n\n\n\n \n\n\n\n$\n\n\n\n1.98\n\n\n\n \n\n\n\n$\n\n\n\n3.45\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\...