The following is a summary of the earnings for Cohu Inc. (COHU):
In the fourth quarter, Cohu reported losses of $2.0 million, a striking contrast compared to the $21.6 million in earnings reported during the same period of the previous year. Earnings Per Share (EPS) also mirrored this downshift with a value of -$0.04 in the Q4, compared to $0.45 reported in the same quarter of the previous year.
However, after making certain adjustments for specific items, Cohu reported a reasonable profit of $11.1 million or $0.23 per share for the period, which aligns with analysts' forecasts.
Revenue also experienced a deterioration, reporting $137.2 million in Q4, against the previous year's Q4 revenue of $191.1 million.
Looking ahead, Cohu anticipates its revenue for the next quarter to be within the range of $101-$113 million.
