Business
Cohu Reports Fourth Quarter and Full Year 2019 Operating Results
Fourth consecutive year of revenue growth; 4-year CAGR 21% Delivering $40 million of annual run-rate cost synergies from the Xcerra integration 5G-driven and
About this update from Cohu, Inc.
[{"type":"text","content":"\n\nFourth consecutive year of revenue growth; 4-year CAGR 21%\n\n\nDelivering $40 million of annual run-rate cost synergies from the Xcerra integration\n\n\n5G-driven and automotive semiconductor test orders improved in late Q4\n\n\n\n \n\n POWAY, Calif.--(BUSINESS WIRE)--\nCohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today reported fiscal 2019 fourth quarter net sales of $142.0 million and a GAAP loss of $16.3 million or $0.39 per share. Net sales for full year 2019 were $583.3 million and GAAP loss was $69.0 million or $1.68 per share.(1)\n\n\nThe Company also reported non-GAAP results, with fourth quarter 2019 loss of $0.5 million or $0.01 per share and income of $3.8 million or $0.09 per share for full year 2019. (1)\n\n\n\n\n \n\n\n\nGAAP Results (1)\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n(in millions, except per share amounts)\n\n\n\nQ4 FY\n2019\n\n\n\n \n\n\n\nQ3 FY\n2019\n\n\n\n \n\n\n\nQ4 FY\n2018\n\n\n\n \n\n\n\n12\nMonths\n2019\n\n\n\n \n\n\n\n12\nMonths\n2018\n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\nNet sales\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n142.0\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n143.5\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n170.6\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n583.3\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n451.8\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$\n\n\n\n \n\n\n\n(16.3\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n(10.5\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n(57.1\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n(69.0\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n(32.5\n\n\n\n)\n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\nLoss per share\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n(0.39\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n(0.25\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n(1.40\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n(1.68\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n(1.02\n\n\n\n)\n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n ...