OverviewSuggest Edit

Cohu is a supplier of test and handling equipment, thermal subsystems, interface solutions, vision inspection, and micro-electro mechanical system (MEMS) test solutions. It offers equipment and services for semiconductor industry and its test subcontractors.

TypePublic
Founded1957
HQPoway, CA, US
Websitecohu.com
Employee Ratings2.5
Overall CultureA-

Latest Updates

Employees (est.) (Dec 2019)3,200(-8%)
Revenue (FY, 2020)$636 M(+10%)
Share Price (Feb 2021)$43.5
Cybersecurity ratingAMore

Key People/Management at Cohu

Luis A. Müller

Luis A. Müller

Chief Executive Officer, Board Member
Jeffrey D. Jones

Jeffrey D. Jones

Vice President, Finance and Chief Financial Officer
Thomas D. Kampfer

Thomas D. Kampfer

Vice President, Corporate Development, General Counsel and Secretary
Pascal Rondé

Pascal Rondé

Senior Vice President, Global Customer Group
Christopher G. Bohrson

Christopher G. Bohrson

Senior Vice President and General Manager, Test Handler Group
Ian Lawee

Ian Lawee

Vice President and General Manager, Semiconductor Test Group
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Cohu Office Locations

Cohu has offices in Poway, Lincoln, Milpitas, Norwood and in 24 other locations
Poway, CA, US (HQ)
12367 Crosthwaite Cir
Lincoln, RI, US
6 Court Dr
Milpitas, CA, US
880 N McCarthy Blvd #100
Norwood, MA, US
825 University Ave
Richardson, TX, US
3317 Essex Dr #200
Saint Paul, MN, US
4444 Centerville Rd #105
Show all (29)

Cohu Financials and Metrics

Cohu Revenue

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Cohu's revenue was reported to be $636.01 m in FY, 2020
USD

Revenue (FY, 2020)

636.0m

Gross profit (FY, 2020)

271.8m

Gross profit margin (FY, 2020), %

42.7%

Net income (FY, 2020)

(13.8m)

EBIT (FY, 2020)

3.3m

Market capitalization (26-Feb-2021)

1.8b

Closing stock price (26-Feb-2021)

43.5

Cash (26-Dec-2020)

149.4m

EV

2.0b
Cohu's current market capitalization is $1.8 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

352.7m451.8m583.3m636.0m

Revenue growth, %

25%28%29%

Cost of goods sold

212.0m292.5m353.5m364.2m

Gross profit

140.7m159.3m229.8m271.8m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

95.2m99.8m86.2m147.8m150.0m143.5m138.9m144.1m150.6m

Cost of goods sold

55.6m58.3m51.8m93.4m87.6m84.6m82.8m

Gross profit

39.6m41.5m34.4m54.4m62.4m58.9m56.1m

Gross profit Margin, %

42%42%40%37%42%41%40%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

134.3m164.9m155.2m149.4m

Accounts Receivable

71.1m149.3m127.9m151.9m

Prepaid Expenses

8.3m26.2m17.5m18.8m

Inventories

62.1m139.3m130.7m142.5m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

115.1m127.0m170.7m159.5m143.0m145.1m171.5m162.7m169.9m

Accounts Receivable

85.2m91.5m78.6m131.1m134.4m126.5m111.5m122.5m116.8m

Prepaid Expenses

18.5m22.3m19.1m20.8m20.4m18.0m

Inventories

62.7m63.1m63.8m130.7m137.2m133.9m134.9m141.8m137.9m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

32.8m(32.4m)(69.7m)(13.8m)

Depreciation and Amortization

9.2m26.0m58.9m52.7m

Inventories

(12.2m)2.0m26.0k(15.0m)

Accounts Payable

4.2m(7.1m)(3.1m)15.1m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

8.1m19.8m24.6m(22.7m)(42.0m)(52.4m)(17.3m)(22.0m)(28.7m)

Depreciation and Amortization

2.5m4.9m7.3m15.0m30.1m45.4m13.0m26.0m39.3m

Inventories

(338.0k)(1.4m)(2.6m)2.5m(2.5m)(660.0k)(6.1m)(13.1m)(11.4m)

Accounts Payable

2.9m3.9m1.0m(3.5m)4.0m(2.8m)55.0k6.8m(3.5m)
USDFY, 2017

Revenue/Employee

195.9k

Financial Leverage

1.5 x
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Cohu Operating Metrics

Cohu's Backlog was reported to be $160.4m in FY, 2019.
FY, 2017FY, 2018FY, 2019

Backlog

$107.60 m$150.40 m$160.40 m

Backlog (Semiconductor Test and Inspection)

$139.80 m$149.90 m

Backlog (PCB Test)

$10.60 m$10.50 m
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Cohu Acquisitions / Subsidiaries

Company NameDateDeal Size
XcerraOctober 01, 2018$796 m
Kita ManufacturingJanuary 05, 2017$15 m
IsmecaDecember 10, 2012
RascoDecember 08, 2008$80 m
KryoTechMay 06, 2005
Schlumberger - Automated Systems BusinessJuly 18, 2001$14.20 m
Cohu Foreign Sales Ltd.
Delta Design, Inc.
Delta Design (Littleton), Inc.
FRL, Incorporated
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Cohu Revenue Breakdown

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Cohu revenue breakdown by business segment: 92.7% from Semiconductor Test and Inspection and 7.3% from PCB Test

Cohu revenue breakdown by geographic segment: 13.0% from Taiwan, 8.9% from Philippines, 35.0% from Rest of the World, 20.3% from China, 10.6% from Malaysia and 12.3% from United States

Cohu Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

Cohu Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Cohu Online and Social Media Presence

Embed Graph

Cohu Company Culture

  • Overall Culture

    A-

    79/100

  • CEO Rating

    A

    80/100

  • Compensation

    C+

    69/100

Learn more on Comparably

Cohu News and Updates

Thinking about buying stock in Aurora Cannabis, Cohu, Electronic Arts, Occidental Petroleum, or SolarEdge Technologies?

NEW YORK, May 8, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ACB, COHU, EA, OXY, and SEDG. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. ACB: ...

Semiconductor Chip Handler Market Analysis & Forecast to 2023: Multitest, Seiko Epson Corporation, Multitest, ASM Pacific Technology, Cohu

A new research study from HTF MI with title United States Semiconductor Chip Handler Market Report 2018 provides an in-depth assessment of the Semiconductor Chip Handler including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profile…

Cohu to buy Xcerra for $796 million after blocked Chinese deal

(Reuters) - Cohu Inc will buy rival Xcerra Corp for about $796 million, the semiconductor testing company said on Tuesday, two months after a U.S. security panel blocked Xcerra's sale to a Chinese state-backed fund.
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Cohu Blogs

Cohu Announces Proposed Public Offering of 4,500,000 Shares of Common Stock

POWAY, Calif. --(BUSINESS WIRE)--Mar. 1, 2021-- Cohu, Inc. (NASDAQ: COHU ), a global leader in back-end semiconductor equipment and services, today announced that it has commenced an underwritten public offering of 4,500,000 shares of its common stock.

Cohu Ships the 4000th Handler from its Melaka Operation to Infineon Technologies

Cohu Ships the 4000th Handler from its Melaka Operation to Infineon Technologies Content Import Tue, 02/16/2021 - 16:06 Cohu Ships the 4000th Handler from its Melaka Operation to Infineon Technologies February 16, 2021 at 4:05 PM EST This release is a backfill…

Cohu Reports Fourth Quarter and Full Year 2020 Operating Results

Fifth consecutive year of revenue growth; 5-year CAGR 18.7% Record fourth quarter revenue $202.4 million ; up 34% quarter-over-quarter Fourth quarter gross margin of 45.1%; non-GAAP gross margin of 45.0% Record fourth quarter orders driven by mobility, automotive and industrial segment strength

Cohu To Announce Fourth Quarter and Fiscal Year 2020 Results on February 11

POWAY, Calif. --(BUSINESS WIRE)--Feb. 2, 2021-- Cohu, Inc. (NASDAQ: COHU ), a global leader in back-end semiconductor equipment and services will release financial results for fourth quarter and fiscal year 2020 on Thursday, February 11, 2021 at 5:00 a.m. Pacific Time / 8:00 a.m. Eastern Time .

Cohu Introduces cRacer mmWave Interface Platform for Semiconductor Test

Cohu Introduces cRacer mmWave Interface Platform for Semiconductor Test Content Import Thu, 01/07/2021 - 09:01 Cohu Introduces cRacer mmWave Interface Platform for Semiconductor Test January 7, 2021 at 9:00 AM EST This release is a backfill from a News Wire …

Cohu to Participate at the 23rd Annual Needham Virtual Growth Conference

Cohu to Participate at the 23rd Annual Needham Virtual Growth Conference Content Import Tue, 01/05/2021 - 16:07 Cohu to Participate at the 23rd Annual Needham Virtual Growth Conference January 5, 2021 at 4:05 PM EST This release is a backfill from a News Wire …
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Cohu Frequently Asked Questions

  • When was Cohu founded?

    Cohu was founded in 1957.

  • Who are Cohu key executives?

    Cohu's key executives are Luis A. Müller, Jeffrey D. Jones and Thomas D. Kampfer.

  • How many employees does Cohu have?

    Cohu has 3,200 employees.

  • What is Cohu revenue?

    Latest Cohu annual revenue is $636 m.

  • What is Cohu revenue per employee?

    Latest Cohu revenue per employee is $198.8 k.

  • Who are Cohu competitors?

    Competitors of Cohu include Hitachi High-Tech, SCREEN Holdings and Teradyne.

  • Where is Cohu headquarters?

    Cohu headquarters is located at 12367 Crosthwaite Cir, Poway.

  • Where are Cohu offices?

    Cohu has offices in Poway, Lincoln, Milpitas, Norwood and in 24 other locations.

  • How many offices does Cohu have?

    Cohu has 29 offices.