Revenue: As of FY2025 Q2, the actual value is USD 107.68 M, beating the estimate of USD 106 M.EPS: As of FY2025 Q2, the actual value is USD -0.36, beating the estimate of USD -0.385.EBIT: As of FY2025 Q2, the actual value is USD -14.83 M.<h3>Segment Revenue</h3><ul><li>Net Sales: $107.7 million for the three months ended June 28, 2025, compared to $104.7 million for the same period in 2024, representing a 2.8% increase. For the six months ended June 28, 2025, net sales were $204.5 million, a decrease from $212.3 million in 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Gross Margin: 43.7% for the three months ended June 28, 2025, compared to 44.8% in 2024. For the six months ended June 28, 2025, gross margin was 43.7%, down from 45.3% in 2024.</li><li>Net Loss: $16.9 million for the three months ended June 28, 2025, compared to $15.8 million in 2024. For the six months ended June 28, 2025, net loss was $47.7 million, compared to $30.4 million in 2024.</li><li>Research and Development Expense: $23.2 million for the three months ended June 28, 2025, compared to $21.3 million in 2024. For the six months ended June 28, 2025, R&amp;D expense was $46.3 million, compared to $43.7 million in 2024.</li><li>Selling, General and Administrative Expense: $29.9 million for the three months ended June 28, 2025, compared to $32.1 million in 2024. For the six months ended June 28, 2025, SG&amp;A expense was $59.9 million, compared to $67.2 million in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Operating Cash Flow: Net cash provided by operating activities was $5.9 million for the six months ended June 28, 2025.</li><li>Investing Cash Flow: Net cash used in investing activities was $34.7 million for the six months ended June 28, 2025.</li><li>Financing Cash Flow: Net cash used in financing activities was $1.0 million for the six months ended June 28, 2025.</li></ul><h3>Unique Metrics</h3><ul><li>Restructuring Charges: Total pretax charges of $6.6 million during the first six months ended June 28, 2025, related to the 2025 Restructuring Program.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: Cohu is focusing on building a well-balanced and resilient business model, executing on customer design-wins, and developing innovative products. The company is optimistic about long-term prospects due to increasing semiconductor complexity and demand.</li><li>Non-Core Business: The acquisition of Tignis, Inc. is expected to expand Cohu’s analytics offerings to the semiconductor process control market, enhancing its data science capabilities.</li></ul>

Cohu | 10-Q: FY2025 Q2 Revenue Beats Estimate at USD 107.68 M