Cohu Q4 Adj EPS $0.23, Inline, Sales $137.23M Beat $136.83M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cohu reported Q4 adjusted EPS of $0.23, meeting analyst estimates, and sales of $137.23M, slightly above the $136.83M estimate. This represents a 67.14% decrease in earnings and a 28.19% decrease in sales from the same period last year.

February 15, 2024 | 9:07 pm
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Cohu's Q4 earnings matched expectations but showed a significant year-over-year decline in both earnings and sales.
Cohu's earnings report indicates a significant year-over-year decline in both earnings per share and sales, which could negatively impact investor sentiment and the stock price in the short term. The fact that earnings met analyst expectations might provide some support, but the sharp declines are likely to be the focus.
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RELEVANCE 100