Cohu Reports Fourth Quarter and Full Year 2020 Operating Results

About this update from Cohu, Inc.

[{"type":"text","content":"\n\nFifth consecutive year of revenue growth; 5-year CAGR 18.7%\n\n\nRecord fourth quarter revenue $202.4 million; up 34% quarter-over-quarter\n\n\nFourth quarter gross margin of 45.1%; non-GAAP gross margin of 45.0%\n\n\nRecord fourth quarter orders driven by mobility, automotive and industrial segment strength\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 fourth quarter net sales of $202.4 million and a GAAP income of $14.9 million or $0.34 per share. Net sales for full year 2020 were $636.0 million and GAAP loss was $13.8 million or $0.33 per share.(1)\n\nThe Company also reported non-GAAP results, with fourth quarter 2020 income of $31.8 million or $0.73 per share and income of $50.7 million or $1.19 per share for full year 2020.(1)\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\nGAAP Results (1)\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n(in millions, except per share amounts)\n\n\n\nQ4 FY 2020\n\n\n\n \n\n\n\nQ3 FY 2020\n\n\n\n \n\n\n\nQ4 FY 2019\n\n\n\n \n\n\n\n12 Months 2020\n\n\n\n \n\n\n\n12 Months 2019\n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\nNet sales\n\n\n\n \n\n\n\n$\n\n\n\n202.4\n\n\n\n \n\n\n\n$\n\n\n\n150.6\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n142.0\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n636.0\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n583.3\n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\nIncome (loss)\n\n\n\n \n\n\n\n$\n\n\n\n14.9\n\n\n\n \n\n\n\n$\n\n\n\n(6.6\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(13.8\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n(69.0\n\n\n\n)\n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\nIncome (loss) per share\n\n\n\n \n\n\n\n$\n\n\n\n0.34\n\n\n\n \n\n\n\n$\n\n\n\n(0.16\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n(0.39\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n(0.33\n\n\n\n)\n\n\n\n \n\n\n\n$\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\n\n \n\n\n\n \n\n\n\n \n\n\n\n...

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