Cohu Q3 2024 Adj EPS $(0.08) Misses $(0.07) Estimate, Sales $95.30M Miss $95.75M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cohu reported Q3 2024 earnings with an adjusted EPS of $(0.08), missing the $(0.07) estimate. Sales were $95.30M, slightly below the $95.75M estimate, marking a 36.81% decrease from the previous year.
October 31, 2024 | 8:14 pm
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NEGATIVE IMPACT
Cohu's Q3 2024 earnings report showed a miss on both EPS and sales estimates, with a significant year-over-year sales decline.
Cohu's Q3 2024 earnings report showed a miss on both EPS and sales estimates, which is likely to negatively impact the stock price in the short term. The significant year-over-year sales decline of 36.81% further adds to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100