Cohu reports Q1 adjusted EPS 1c, consensus 3c

Reports Q1 revenue $125.1M, consensus $122.14M. “We started fiscal 2026 with strong momentum, driven by accelerating AI and high-performance computing demand and improving market conditions driving an estimated test cell utilization of 78% at the end of March,” said Cohu (COHU) President and CEO Luis Muller. “Based on customer engagements and design win activity, we see significant growth ahead in AI-driven compute and have raised our FY26 revenue outlook. We’re also gaining traction from our software strategy as Cohu analytics expand into broader production deployments, deepening customer adoption and expanding our long-term recurring revenue opportunity.”