Overview

* Cohu fiscal Q2 2025 net sales beat analyst expectations, reaching $107.7 mln

* Company reports GAAP net loss of $16.9 mln, non-GAAP income of $0.7 mln

* Cohu ( COHU ) secures $28 mln design-win order for mobile and automotive test

Outlook

* Cohu expects Q3 2025 sales between $118 mln and $132 mln

Result Drivers

* TEST CELL UTILIZATION - Estimated test cell utilization increased by 3 percentage points quarter-over-quarter to 75%

* DESIGN-WIN ORDER - Secured $28 mln design-win order for mobile and automotive test markets

* MARKET EXPANSION - First system sold in India and introduction of new Eclipse handler model targeting share expansion at test subcontractors

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Sales Beat $107.70 $106 mln

mln (5

Analysts

)

Q2 EPS -$0.36

Q2 Net -$16.90

Income mln

Q2 -$17.24

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the semiconductor equipment & testing peer group is "buy"

* Wall Street's median 12-month price target for Cohu Inc ( COHU ) is $25.50, about 25.6% above its July 30 closing price of $18.98

* The stock recently traded at 52 times the next 12-month earnings vs. a P/E of 77 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)