To: robert b furman who wrote (7752 ) 11/1/2024 12:17:20 PM From: Johnny Canuck Read Replies (1) | Respond to Nice to see it final have some upward momentum. I was thinking it would get back to the $18 level when I did my frist entry years ago for my first batch but traders got interested again.Yahoo Finance What is the best way to earn $2,700 per week as a second income?TripleOfferx Ad by Taboola Revenue: $95.3 million for Q3, in line with guidance.Recurring Revenue: Represented 67% of total revenue in Q3.Gross Margin: 47.1% for Q3, higher than guidance.Operating Expenses: $45.2 million for Q3, lower than guidance by approximately $1.6 million.Non-GAAP Operating Income: Approximately breakeven for Q3.Adjusted EBITDA: 2.3% for Q3.Non-GAAP EPS: $0.08 loss for Q3.Cash and Investments: Increased by $7 million during Q3 to $269 million.Cash Flow from Operations: $17 million for Q3.Share Repurchase: $8 million used to repurchase 315,000 shares.Capital Expenditures: $2 million related to factories in the Philippines and Germany.Q4 Revenue Guidance: $95 million plus or minus $7 million.Q4 Gross Margin Forecast: Approximately 44%.Q4 Operating Expenses: Projected to increase by about $1 million to approximately $46 million.Q4 Non-GAAP Tax Provision: Expected to be approximately $3.1 million.Basic Share Count for Q4: Expected to be approximately 46.5 million shares.full earnings call transcript .Cohu Inc ( NASDAQ:COHU ) reported a sequential increase in systems revenue in the automotive and mobile segments, with mobile showing a 13% year-over-year growth. The company secured a significant test cell design win with a top five automotive semiconductor manufacturer, enhancing its position in the power management device testing market. Cohu Inc ( NASDAQ:COHU ) made progress in entering the memory and silicon carbide power semiconductor markets, with a notable customer order for its neon inspection metrology platform. The company is expanding its recurring revenue through its AI inspection software, which has shown promising customer engagement and interest. Cohu Inc ( NASDAQ:COHU ) maintains a strong balance sheet with $269 million in cash and investments, supporting its growth strategy and share repurchase program. Cohu Inc ( NASDAQ:COHU ) experienced declines in the computing, consumer, and industrial segments, offsetting gains in other areas. The company's Q3 gross margin, while strong, benefited from one-time factors such as the utilization of previously reserved inventory. Operating expenses were lower than guidance due to delays in new hires and higher vacation utilization, indicating potential challenges in workforce management. The Q3 tax provision reflected tax expenses on foreign profits without a benefit from the US loss, due to a valuation allowance against deferred tax assets. Cohu Inc ( NASDAQ:COHU ) anticipates a flat revenue outlook for Q4, indicating ongoing challenges in navigating the cyclical trough of the semiconductor market. Terms Privacy Policy Privacy Dashboard Dow Jones S&P 500 DAX Index Nvidia Tesla DJT Mortgages Credit Cards Sectors Crypto Heatmap Biden Economy Financial News Data Disclaimer Help Feedback Sitemap Licensing What's New About Our Ads Back to classic
