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. The company offers equipment and services for the semiconductor industry and its test subcontractors.
| Type | Public | |
| Founded | 1957 | |
| HQ | Poway, CA, US | Map |
| Website | cohu.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Key People/Management at Cohu
Luis A. Müller
Chief Executive Officer, Board Member
William E. Bendush
Board Member
Jeffrey D. Jones
Vice President, Finance and Chief Financial Officer
Thomas D. Kampfer
Vice President, Corporate Development, General Counsel and Secretary
Andrew M. Caggia
Board Member
Lynne J. Camp
Board Member
Cohu Office Locations
Cohu has offices in Poway, Lincoln, Milpitas, Norwood and in 20 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
Saint Paul, MN, US
4444 Centerville Rd #105
Shanghai, CN
Unit 310 , A Building No . 200 Jinsu Road Pudong New District
Cohu Financials and Metrics
Cohu Revenue
Cohu's revenue was reported to be $887.21 m in FY, 2021
| USD | |
|---|---|
Revenue (FY, 2021) | 887.2m |
Gross profit (FY, 2021) | 387.0m |
Gross profit margin (FY, 2021), % | 43.6% |
Net income (FY, 2021) | 167.3m |
EBIT (FY, 2021) | 201.5m |
Market capitalization (4-May-2022) | 1.4b |
Closing stock price (4-May-2022) | 29.5 |
Cash (25-Dec-2021) | 290.2m |
EV | 1.3b |
Cohu's current market capitalization is $1.4 b.
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 147.8m | 150.0m | 143.5m | 138.9m | 144.1m | 150.6m | 225.5m | 244.8m | 225.1m |
Cost of goods sold | 93.4m | 87.6m | 84.6m | 82.8m | 83.1m | 87.1m | 123.3m | 140.1m | 129.4m |
Gross profit | 54.4m | 62.4m | 58.9m | 56.1m | 61.0m | 63.5m | 102.2m | 104.7m | 95.7m |
Gross profit Margin, % | 37% | 42% | 41% | 40% | 42% | 42% | 45% | 43% | 43% |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 159.5m | 143.0m | 145.1m | 171.5m | 162.7m | 169.9m | 143.1m | 353.9m | 288.8m |
Accounts Receivable | 131.1m | 134.4m | 126.5m | 111.5m | 122.5m | 116.8m | 196.8m | 216.0m | 200.5m |
Prepaid Expenses | 18.5m | 22.3m | 19.1m | 20.8m | 20.4m | 18.0m | 23.8m | 19.6m | 18.9m |
Inventories | 130.7m | 137.2m | 133.9m | 134.9m | 141.8m | 137.9m | 160.9m | 155.9m | 157.5m |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (22.7m) | (42.0m) | (52.4m) | (17.3m) | (22.0m) | (28.7m) | 27.6m | 122.7m | 146.4m |
Depreciation and Amortization | 15.0m | 30.1m | 45.4m | 13.0m | 26.0m | 39.3m | 12.6m | 25.0m | 37.1m |
Inventories | 2.5m | (2.5m) | (660.0k) | (6.1m) | (13.1m) | (11.4m) | (20.8m) | (25.6m) | (27.5m) |
Accounts Payable | (3.5m) | 4.0m | (2.8m) | 55.0k | 6.8m | (3.5m) | 28.5m | 39.6m | 18.3m |
| USD | Q1, 2019 |
|---|---|
EV/EBIT | -45.5 x |
EV/CFO | 173.3 x |
Debt/Equity | 0.7 x |
Debt/Assets | 0.3 x |
Financial Leverage | 2.1 x |
P/E Ratio | (26.8) |
Cohu Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Xcerra | October 01, 2018 | $796 m |
| Kita Manufacturing | January 05, 2017 | $15 m |
| Ismeca | December 10, 2012 | |
| Rasco | December 08, 2008 | $80 m |
| KryoTech | May 06, 2005 | |
| Schlumberger - Automated Systems Business | July 18, 2001 | $14.2 m |
| Cohu Foreign Sales Corp | ||
| Cohu GmbH | ||
| Cohu Interface Solutions LLC | ||
| Cohu Malaysia Sdn. Bhd |
Cohu Revenue Breakdown
Cohu revenue breakdown by business segment: 97.0% from Semiconductor Test and Inspection and 3.0% from Other
Cohu revenue breakdown by geographic segment: 24.1% from China, 9.0% from Malaysia, 17.5% from Philippines, 30.8% from Rest of the World, 9.9% from Taiwan and 8.7% from United States
Cohu Cybersecurity Score
Cohu Environment, Social & Governance (ESG) Ratings
Cohu Online and Social Media Presence
Cohu's Trends
Cohu Company Culture
Overall Culture
A+
81/100
CEO Rating
B+
74/100
Compensation
A-
80/100
Cohu News and Updates
February 10, 2022
Cohu Reports Fourth Quarter And Full Year 2021 Operating Results
Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today reported fiscal 2021 fourth quarter net sales of $191.9 million and GAAP income of $20.9 million or $0.42 per share. Net sales for full year 2021 were $887.2 million with GAAP income of $167.3 million …
February 02, 2022
Cohu To Announce Fourth Quarter And Fiscal Year 2021 Results On February 10
A global leader in back-end semiconductor equipment and services will release financial results for fourth quarter and fiscal year 2021 on Thursday, February 10, 2022 at 1:00 p.m. Pacific Time/4:00 p.m. Eastern Time.
January 03, 2022
Cohu to Present at 24th Annual Needham Virtual Growth Conference
Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today announced that management will participate at the 24th Annual Needham Virtual Growth Conference on Tuesday, January 11, 2022 with a one-on-one format and presentation at 10:45 a.m. EST.
December 07, 2021
Cohu Announces Diamondx Order from Leading Korean Display Driver Manufacturer
Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today announced that it had received a multi-system Diamondx tester order from a large Korean display driver manufacturer for AMOLED driver ICs used in mobile device applications.
December 07, 2021
Cohu Announces Diamondx Order from Leading Korean Display Driver Manufacturer
Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today announced that it had received a multi-system Diamondx tester order from a large Korean display driver manufacturer for AMOLED driver ICs used in mobile device applications.
November 30, 2021
Cohu, Inc. (NASDAQ:COHU) Given Average Recommendation of "Buy" by Brokerages
Cohu, Inc. (NASDAQ:COHU) has been assigned a consensus recommendation of "Buy" from the ten ratings firms that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell rating and six have given a buy rating to the company. The average 1 year pric…
Cohu Blogs
May 23, 2022
Diamondx Selected for Internet of Things Semiconductor Test
POWAY, Calif. --(BUSINESS WIRE)--May 23, 2022-- Cohu, Inc. (NASDAQ: COHU ), a global leader in back-end semiconductor equipment and services, today announced a leading U.S. semiconductor manufacturer has selected the Diamond x platform for testing their product portfolio.
April 28, 2022
Cohu Reports First Quarter 2022 Results
Cohu Reports First Quarter 2022 Results
Content Import
Thu, 04/28/2022 - 16:08
Cohu Reports First Quarter 2022 Results
April 28, 2022 at 4:08 PM EDT
Earnings
First quarter revenue $197.8 million, up 3.1% quarter-over-quarter
Gross margin of 46.1…
April 18, 2022
Cohu to Announce First Quarter 2022 Results on April 28
Cohu to Announce First Quarter 2022 Results on April 28
Content Import
Mon, 04/18/2022 - 16:05
Cohu to Announce First Quarter 2022 Results on April 28
April 18, 2022 at 4:05 PM EDT
General
POWAY, Calif.--(BUSINESS WIRE)--Apr. 18, 2022--
Cohu, In…
February 10, 2022
Cohu Reports Fourth Quarter and Full Year 2021 Operating Results
Full year 2021 revenue of $887 million grew 39% year-over-year; 5-year CAGR 26% Full year 2021 inspection & metrology revenue grew 130% year-over-year Full year 2021 interface products revenue grew 25% year-over-year Q4 Gross margin of 44.0%; non-GAAP gross margin of 44.1% Q4 design-wins expandi…
February 02, 2022
Cohu To Announce Fourth Quarter and Fiscal Year 2021 Results on February 10
Cohu To Announce Fourth Quarter and Fiscal Year 2021 Results on February 10
Content Import
Wed, 02/02/2022 - 09:02
Cohu To Announce Fourth Quarter and Fiscal Year 2021 Results on February 10
February 2, 2022 at 9:00 AM EST
This release is a backfill from a New…
December 14, 2021
Cohu Updates Mid-Term Financial Target Model
POWAY, Calif. --(BUSINESS WIRE)--Dec. 14, 2021-- Cohu, Inc. (NASDAQ: COHU ), a global leader in back-end semiconductor equipment and services, today announced that it is updating its mid-term financial target model (1) to annual revenue of $1 billion and non-GAAP EPS of $4.00 to better reflect its
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, William E. Bendush and Jeffrey D. Jones.
How many employees does Cohu have?
Cohu has 3,240 employees.
What is Cohu revenue?
Latest Cohu annual revenue is $887.2 m.
What is Cohu revenue per employee?
Latest Cohu revenue per employee is $273.8 k.
Who are Cohu competitors?
Competitors of Cohu include AEM, ASM America and Tokyo Electron US.
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 20 other locations.
How many offices does Cohu have?
Cohu has 26 offices.
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