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Strategies & Market Trends : TRIPLE TRADES
OPEN 6.560+0.2%3:59 PM EST

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To: Bull RidaH who wrote (1191)7/29/2021 8:29:03 AM
From: robert b furman  Read Replies (1) of 4397
 
Hi Bull,

Cohu has announced their Q2 earnings just now.

That are block buster AND A RECORD RESULT.
cohu.gcs-web.com

Cohu Reports Second Quarter 2021 Results

Record second quarter revenue $244.8 million, up 70% year-over-yearGross margin of 42.8%; non-GAAP gross margin of 42.7%Completed sale of PCB Test business and, after quarter-end, prepaid $100 million of term loan BIntroduced DI-Core data analytics platformPOWAY, Calif.--(BUSINESS WIRE)--Jul. 29, 2021-- Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today reported fiscal 2021 second quarter net sales of $244.8 million and GAAP income of $95.1 million or $1.92 per share. On June 24, 2021 Cohu completed the divestment of its Printed Circuit Board Test (“PCB Test”) business which resulted in a gain of $75.8 million. Net sales for the first six months of 2021 were $470.3 million and GAAP income was $122.7 million or $2.58 per share.(1)

This should be time for the launch up to those higher levels.

Web cast starts 4 minutes - hoping for guidance that aims at a billion in revenue and $5.00 nongaap eps ( pe of 7!)

Remember where you heard it first folks! <smile>

gonna splode!

Bob
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