Cohu presents $1.3 billion mid-term revenue target at investor day
COHU•Cohu targets $1.3 billion in revenue and $5 in earnings per share within three to five years, with a 50% gross margin. The company cited $2.4 billion in growth opportunities and a $1.5 billion AI compute thermal-handler market opportunity.
1. Mid-term targets
Cohu set targets of $1.3 billion in revenue, $5 earnings per share and a 50% gross margin within three to five years. It said expansion into higher-growth markets and recurring revenue would support the margin target.
2. Market opportunities
Cohu identified $2.4 billion in growth opportunities, which would expand its serviceable addressable market to $5.4 billion. It cited a $1.5 billion AI compute thermal-handler market opportunity, with estimated compound annual growth of 36%.
