Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Cohu ( (COHU) ) has shared an update.
On February 19, 2025, Cohu, Inc. initiated a strategic restructuring program aimed at repositioning its operations and improving its cost structure amid a downturn in the semiconductor test and inspection equipment industry. The restructuring involves consolidating operations in Switzerland and Germany to lower-cost locations, reducing headcount in the U.S. and Asia, and negotiating with trade unions. The company expects to incur pretax charges of $6.1 million to $7.2 million throughout fiscal 2025, impacting its Semiconductor Test & Inspection segment.
More about Cohu
Cohu, Inc. operates in the semiconductor test and inspection equipment industry, focusing on providing solutions for testing and inspecting semiconductors.
YTD Price Performance: -20.49%
Average Trading Volume: 350,395
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $982.3M
For an in-depth examination of COHU stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue