)
Overview
<ul>
<li>Semiconductor equipment supplier’s Q4 revenue rose 30% yr/yr, slightly beating analyst expectations</li>
<li>Company reported a GAAP net loss for Q4</li>
<li>Recurring revenue grew 25% yr/yr, driven by strong demand</li>
</ul>
Outlook
<ul>
<li>Cohu expects Q1 2026 sales between $115 mln and $129 mln</li>
<li>Company notes strong demand in automotive ADAS and computing AI sectors</li>
</ul>
Result Drivers
<ul>
<li>RECURRING REVENUE GROWTH - Driven by strong demand across services, interface solutions, and handler-related spares business, recurring revenue increased 25% year-over-year</li>
<li>DESIGN-WIN MOMENTUM - Cohu saw robust design-win momentum in automotive ADAS, power devices, computing AI, and HBM inspection metrology solutions</li>
</ul>
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q4 Sales Slight $122.20 $122.09
Beat* mln mln (5
Analysts
)
<h3>Q4 EPS -$0.48</h3>
Q4 Net -$22.50
Income mln
<h3>Q4 -$15.49</h3>
Operatin mln
g Income
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
<ul>
<li>The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 4 “strong buy” or “buy”, 1 “hold” and no “sell” or “strong sell”</li>
<li>The average consensus recommendation for the semiconductor equipment &amp; testing peer group is “buy”</li>
<li>Wall Street’s median 12-month price target for Cohu Inc is $30.00, about 12.2% below its February 11 closing price of $34.16</li>
<li>The stock recently traded at 55 times the next 12-month earnings vs. a P/E of 46 three months ago</li>
</ul>
Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Cohu Q4 revenue up 30%, slightly beats estimates