Cohu Q3 adjusted EPS $0.43 vs. IBES estimate $0.34
COHU•Cohu reported third-quarter adjusted EPS of $0.43, above the IBES estimate of $0.34. Sales were $173 million, net income was $12.1 million, and the company forecast fourth-quarter sales of $178 million.
1. Quarterly results
Cohu reported third-quarter operating income of $12.801 million, net income of $12.1 million and sales of $173 million, compared with an IBES sales estimate of $164.6 million. EPS was $0.22.
2. Fourth-quarter outlook
Cohu forecast fourth-quarter sales of $178 million, compared with an IBES estimate of $164.9 million.
