Cohu (COHU) Tops Q2 EPS by 1c; Guides Q3 Revs Below the Street
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Cohu Reports Second Quarter 2016 Operating Results
July 28, 2016 4:00 PM EDTQ2 sales of $76.4Â million, up 16% sequentially Design-win at Korean customer with the Eclipse handler Cash from operations was $7.4Â million for the second quarter of 2016
POWAY, Calif.--(BUSINESS WIRE)-- Cohu, Inc. (NASDAQ: COHU) today reported fiscal 2016 second quarter net sales of $76.4Â million and GAAP income of $2.7Â million or $0.10Â per share. Net sales for the first six months of 2016 were $142.1 million and GAAP income was $0.8Â million or $0.03Â per share.
The Company also reported non-GAAP results, with second quarter 2016 income of $5.9Â million or $0.22Â per share and income of $7.4Â million or $0.27Â per share for the first six months of 2016. (1)
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