This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Cohu Reports Third Quarter Operating Results

Stocks in this article: COHU

Cohu, Inc. (NASDAQ:COHU) today reported fiscal 2011 third quarter net sales of $71.8 million and GAAP net income of $3.4 million or $0.14 per share. Net sales for the first nine months of 2011 were $242.4 million and GAAP net income was $15.0 million or $0.61 per share.

The Company also reported non-GAAP results, with third quarter 2011 net income of $5.1 million or $0.21 per share and net income of $20.6 million or $0.84 per share for the first nine months of 2011.

GAAP Results      
  Q3 FY 2011 Q2 FY 2011 Q3 FY 2010
Net sales $ 71.8 million $ 80.9 million $ 86.1 million
Net income $ 3.4 million $ 5.1 million $ 7.6 million
Income per share $0.14 $0.21 $0.32
9 Months 2011 9 Months 2010
Net sales $ 242.4 million $ 225.8 million
Net income $ 15.0 million $ 15.2 million
  Income per share   $0.61   $0.63    
Non-GAAP Results
Q3 FY 2011 Q2 FY 2011 Q3 FY 2010
Non-GAAP net income $ 5.1 million $ 6.8 million $ 9.8 million
Non-GAAP income per share $0.21 $0.28 $0.41
9 Months 2011 9 Months 2010
Non-GAAP net income $ 20.6 million $ 21.5 million
  Non-GAAP income per share   $0.84   $0.90    

Sales of semiconductor equipment accounted for 83% of fiscal 2011 third quarter sales. Microwave communications equipment and video cameras and related equipment contributed 11% and 6%, respectively, for the same period.

1 of 5

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,917.44 +112.64 0.63%
S&P 500 2,075.04 +4.39 0.21%
NASDAQ 4,777.2240 +11.8440 0.25%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs