Cohu, Inc. (COHU), on Thursday, reported a fourth-quarter net loss of $22.5 million or $0.48 per share, compared to $21.4 million or $0.46 per share last year.
Adjusted loss for the quarter was $7.2 million or $0.15 per share, compared to $7.1 million or $0.15 per share last year.
Fourth-quarter net sales were $122.2 million, up from $94.1 million last year.
"Cohu delivered Q4 revenue of $122 million, up 30% year over year, supported by improving market fundamentals with estimated test cell utilization increasing to 76% in December. Fourth quarter recurring revenue is up 25% year-over-year driven by strong demand across services, interface solutions, and handler-related spares business," said Cohu President and CEO Luis Müller. "Design-win momentum remains robust, spanning automotive ADAS, power devices, computing AI, and HBM inspection metrology solutions."
Looking forward, Cohu expects first quarter 2026 sales to be in a range of $122 million, plus or minus $7 million.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.