The earnings call reflected a cautiously optimistic outlook, with significant achievements in terms of new orders and market opportunities, particularly in the mobile and automotive sectors. The company is experiencing a potential recovery cycle with increased test cell utilization and substantial design wins. However, challenges remain with an expected seasonal slowdown in Q4 and a high tax provision impacting Q3 results.

Company Guidance

In the second quarter of 2025, Cohu reported revenue of $107.7 million, with a non-GAAP gross margin of 44.4%. Recurring revenue accounted for 63% of total revenue, while no single customer contributed more than 10% to sales. The company saw a significant $28 million order for its Eclipse handler, contributing to a 16% projected increase in revenue for the third quarter, estimated at approximately $125 million. Test cell utilization improved by 3 points to 75%, indicating a potential recovery cycle. Cohu also highlighted a $20 million opportunity in the precision analog market and introduced new products like the Eclipse handler and PD3x instrument, targeting growth in mobile, computing, and industrial segments. Operating expenses for Q3 are expected to be around $50 million, aligning with restructuring targets. Despite potential seasonal slowdowns in Q4, Cohu remains optimistic about 2026, emphasizing new customer opportunities and product investments.

Increased Test Cell Utilization

Test cell utilization increased by 3 points quarter-over-quarter to 75%, signaling a potential industry recovery cycle.

Significant Order from India

First system order for silicon carbide test from a customer in India, opening new geographical opportunities.

Precision Analog Market Opportunity

Secured a $20 million revenue stream opportunity with the Ultra-S contactor qualification in the precision analog market.

Eclipse Handler Upgrade and Success

Upgraded Eclipse handler for versatility and configurability; secured a $28 million design win order for mobile and automotive markets.

Advanced Display Technology Testing

Launched PD3x instrument for OLED display testing, securing deployment with leading vendors in the display driver IC market.

Strong Cash Position and No Debt Increase

Increased cash and investments by $8 million to $209 million with no increase in debt.

Cohu (COHU) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

COHU Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	-0.20 / -	-0.08	―	―	―
Jul 31, 2025	2025 (Q2)	-0.01 / 0.02	-0.01	300.00% (+0.03)
May 01, 2025	2025 (Q1)	-0.17 / -0.02	0.01	-300.00% (-0.03)
Feb 13, 2025	2024 (Q4)	-0.11 / -0.15	0.23	-165.22% (-0.38)
Oct 31, 2024	2024 (Q3)	-0.06 / -0.08	0.35	-122.86% (-0.43)
Jul 31, 2024	2024 (Q2)	-0.02 / -0.01	0.48	-102.08% (-0.49)
May 02, 2024	2024 (Q1)	-0.01 / 0.01	0.56	-98.21% (-0.55)
Feb 15, 2024	2023 (Q4)	0.23 / 0.23	0.7	-67.14% (-0.47)
Nov 02, 2023	2023 (Q3)	0.32 / 0.35	0.74	-52.70% (-0.39)
Aug 03, 2023	2023 (Q2)	0.44 / 0.48	0.81	-40.74% (-0.33)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

COHU Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$17.86	$19.13	+7.11%
May 01, 2025	$16.07	$16.69	+3.86%
Feb 13, 2025	$21.47	$21.12	-1.63%
Oct 31, 2024	$24.92	$27.35	+9.75%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Cohu (COHU) report earnings?

Cohu (COHU) is schdueled to report earning on Oct 30, 2025, After Close (Confirmed).

What is Cohu (COHU) earnings time?

Cohu (COHU) earnings time is at Oct 30, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is COHU EPS forecast?

COHU EPS forecast for the fiscal quarter 2025 (Q3) is -0.2.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing