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 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
Jeffrey D. Jones
Vice President, Finance and Chief Financial Officer
Thomas D. Kampfer
Vice President, Corporate Development, General Counsel and Secretary
Christopher G. Bohrson
Senior Vice President Global Customer Group
Ian Lawee
Vice President and General Manager, Semiconductor Test Group
William E. Bendush
Board Member
Cohu Office Locations
Cohu has offices in Poway, Lincoln, Milpitas, Norwood and in 22 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 $636.01 m in FY, 2020 which is a 9% increase from the previous period.
| USD | |
|---|---|
Revenue (Q1, 2021) | 225.5m |
Gross profit (Q1, 2021) | 102.2m |
Gross profit margin (Q1, 2021), % | 45.3% |
Net income (Q1, 2021) | 27.6m |
EBIT (Q1, 2021) | 35.7m |
Market capitalization (21-Jul-2021) | 1.8b |
Closing stock price (21-Jul-2021) | 37.5 |
Cash (27-Mar-2021) | 143.1m |
EV | 1.9b |
Cohu's current market capitalization is $1.8 b.
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 95.2m | 99.8m | 86.2m | 147.8m | 150.0m | 143.5m | 138.9m | 144.1m | 150.6m | 225.5m |
Cost of goods sold | 55.6m | 58.3m | 51.8m | 93.4m | 87.6m | 84.6m | 82.8m | 83.1m | 87.1m | 123.3m |
Gross profit | 39.6m | 41.5m | 34.4m | 54.4m | 62.4m | 58.9m | 56.1m | 61.0m | 63.5m | 102.2m |
Gross profit Margin, % | 42% | 42% | 40% | 37% | 42% | 41% | 40% | 42% | 42% | 45% |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 115.1m | 127.0m | 170.7m | 159.5m | 143.0m | 145.1m | 171.5m | 162.7m | 169.9m | 143.1m |
Accounts Receivable | 85.2m | 91.5m | 78.6m | 131.1m | 134.4m | 126.5m | 111.5m | 122.5m | 116.8m | 196.8m |
Prepaid Expenses | 18.5m | 22.3m | 19.1m | 20.8m | 20.4m | 18.0m | 23.8m | |||
Inventories | 62.7m | 63.1m | 63.8m | 130.7m | 137.2m | 133.9m | 134.9m | 141.8m | 137.9m | 160.9m |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 8.1m | 19.8m | 24.6m | (22.7m) | (42.0m) | (52.4m) | (17.3m) | (22.0m) | (28.7m) | 27.6m |
Depreciation and Amortization | 2.5m | 4.9m | 7.3m | 15.0m | 30.1m | 45.4m | 13.0m | 26.0m | 39.3m | 12.6m |
Inventories | (338.0k) | (1.4m) | (2.6m) | 2.5m | (2.5m) | (660.0k) | (6.1m) | (13.1m) | (11.4m) | (20.8m) |
Accounts Payable | 2.9m | 3.9m | 1.0m | (3.5m) | 4.0m | (2.8m) | 55.0k | 6.8m | (3.5m) | 28.5m |
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 195.9k |
Financial Leverage | 1.5 x |
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 |
| atg-Luther & Maelzer Asia Ltd. | ||
| atg-Luther & Maelzer GmbH | ||
| Cohu Foreign Sales Corp | ||
| Cohu GmbH |
Cohu Revenue Breakdown
Cohu revenue breakdown by business segment: 92.0% from Semiconductor Test and Inspection and 8.0% from PCB Test
Cohu revenue breakdown by geographic segment: 29.3% from Rest of the World, 22.5% from China, 9.1% from Malaysia, 17.1% from United States, 8.8% from Philippines and 13.2% from Taiwan
Cohu Cybersecurity Score
Cohu Environment, Social & Governance (ESG) Ratings
Cohu Online and Social Media Presence
Cohu's Trends
Cohu Company Culture
Overall Culture
A
79/100
CEO Rating
A+
80/100
Compensation
C+
69/100
Cohu News and Updates
May 11, 2021
Cohu Inc (COHU) gains 0.41% for May 11
Cohu Inc (NASDAQ: COHU) shares gained 0.41% to end trading Tuesday at $36.71 per share - a net change of $0.15. Shares traded between $36.93 and $34.07 throughout the day.
May 10, 2021
Cohu Announces Divestment of Its Printed Circuit Board Test Business
Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today announced that it has entered into a definitive agreement with Mycronic AB (MYCR.ST) (“Mycronic”), a Swedish high-tech company engaged in the development, manufacture and marketing of production equipm…
May 10, 2021
Cohu Appoints Yon Jorden to its Board of Directors
Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today announced that Yon Yoon Jorden has been appointed to the Cohu Board of Directors, effective today. Ms. Jorden will also serve on the Audit Committee.
Ms. Jorden brings to Cohu’s Board of Directors e…
April 29, 2021
Cohu Reports First Quarter 2021 Results
Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today reported fiscal 2021 first quarter net sales of $225.5 million and GAAP income of $27.6 million or $0.61 per share. Cohu also reported first quarter 2021 non-GAAP income of $40.5 million or $0.89 per s…
April 15, 2021
Cohu to Announce First Quarter 2021 Results on April 29
Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, will release financial results for first quarter 2021 on Thursday, April 29, 2021 at 5:00 a.m. Pacific Time/8:00 a.m. Eastern Time.
March 23, 2021
Cohu Announces Partial Debt Prepayment
Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today announced that it has prepaid $100 million of its term loan B (TLB) facility. As a result of this prepayment, Cohu has reduced the outstanding principal of its TLB to approximately $206 million.
Cohu Blogs
July 29, 2021
Cohu Reports Second Quarter 2021 Results
Record second quarter revenue $244 .8 million, up 70% year-over-year Gross margin of 42.8%; non-GAAP gross margin of 42.7% Completed sale of PCB Test business and, after quarter-end, prepaid $100 million of term loan B Introduced DI-Core data analytics platform POWAY, Calif. --(BUSINESS WIRE)--Jul.
July 15, 2021
Cohu to Announce Second Quarter 2021 Results on July 29
Cohu to Announce Second Quarter 2021 Results on July 29
Content Import
Thu, 07/15/2021 - 16:06
Cohu to Announce Second Quarter 2021 Results on July 29
July 15, 2021 at 4:05 PM EDT
This release is a backfill from a News Wire
General
…
June 30, 2021
Cohu Announces $100 Million Debt Prepayment
Cohu Announces $100 Million Debt Prepayment
Content Import
Wed, 06/30/2021 - 16:06
Cohu Announces $100 Million Debt Prepayment
June 30, 2021 at 4:05 PM EDT
This release is a backfill from a News Wire
General
POWAY, Calif.--(BUSINE…
June 24, 2021
Cohu Completes Sale of its Printed Circuit Board Test Business
Cohu Completes Sale of its Printed Circuit Board Test Business
Content Import
Thu, 06/24/2021 - 09:15
Cohu Completes Sale of its Printed Circuit Board Test Business
June 24, 2021 at 9:15 AM EDT
This release is a backfill from a News Wire
General…
June 04, 2021
Cohu to Participate in the 13th Annual Virtual CEO Investor Summit on June 15
Cohu to Participate in the 13th Annual Virtual CEO Investor Summit on June 15
Content Import
Fri, 06/04/2021 - 16:06
Cohu to Participate in the 13th Annual Virtual CEO Investor Summit on June 15
June 4, 2021 at 4:05 PM EDT
This release is a backfill from a New…
May 10, 2021
Cohu Appoints Yon Jorden to its Board of Directors
POWAY, Calif. --(BUSINESS WIRE)--May 10, 2021-- Cohu, Inc. (NASDAQ: COHU ), a global leader in back-end semiconductor equipment and services, today announced that Yon Yoon Jorden has been appointed to the Cohu Board of Directors, effective today. Ms. Jorden will also serve on the Audit Committee.
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 3,250 employees.
What is Cohu revenue?
Latest Cohu annual revenue is $636 m.
What is Cohu revenue per employee?
Latest Cohu revenue per employee is $195.7 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 22 other locations.
How many offices does Cohu have?
Cohu has 27 offices.
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