Cohu (COHU) Guides Q2 Revenue Above Consensus
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Cohu Provides Business Update for the Second Quarter Ending June 25, 2022
July 11, 2022 4:05 PM EDTPOWAY, Calif.--(BUSINESS WIRE)-- Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today provided a business update to its fiscal second quarter 2022 guidance:
Expect second quarter revenue of $216 to $218 million, higher than the guidance range mid-point of $213 million; second quarter recurring revenue is expected to be approximately 39% Second quarter ending backlog is expected to be approximately $342 million, substantially shipping over the next three quarters Gross margin is expected to be in-line with second quarter non-GAAP guidance Repurchased 504,102... More