NASDAQ$COHU
Cohu Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Reported resilient revenue through industry cycles due to significant recurring business and delivered gross margin expansion with stronger than anticipated profitability.
Cohu reported Q3 2022 net sales of $206.7 million and GAAP income of $24.9 million, or $0.51 per share. Non-GAAP income for the quarter was $36.1 million, or $0.74 per share.
- Third quarter revenue was $206.7 million.
- Gross margin was 47.4%, with a non-GAAP gross margin of 47.5%.
- Recurring business delivered resilient revenue through industry cycles.
- The board authorized a $70 million increase in the ongoing share repurchase program.
Headline financials
Revenue & EPS history
Cohu · Revenue · Quarterly
$207M
Forward guidance
Cohu expects fourth quarter 2022 sales to be between $180 million and $198 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
-0.9%
Avg return
Earnings day
-0.3%
Avg return
5 days after
-0.2%
Avg return
30 days after
38%
25 / 65 earnings
Positive
+26.3%
Q3 2020
Best reaction
-17.9%
Q3 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.8% | +4.8% | +11.4% | |
| Q4 2025 | -6.7% | -9.1% | -16.9% | |
| Q3 2025 | +0.6% | +0.1% | +1.1% | |
| Q1 2025 | +3.6% | -1.4% | +6.2% | |
| Q4 2024 | -1.6% | -0.4% | -20.7% | |
| Q3 2024 | +5.4% | +6.2% | +1.7% | |
| Q2 2024 | -9.7% | -17.9% | -13.2% | |
| Q1 2024 | +0.0% | +0.2% | +8.9% | |
| Q4 2023 | -3.4% | -6.9% | -6.3% | |
| Q3 2023 | +3.4% | +2.9% | +6.7% | |
| Q2 2023 | -7.2% | -5.6% | -11.9% | |
| Q1 2023 | +1.3% | -2.1% | +13.1% | |
| Q4 2022 | -3.6% | -6.7% | +1.5% | |
| Q3 2022 | +10.5% | +8.7% | +15.6% | |
| Q2 2022 | -1.5% | +0.3% | -0.6% | |
| Q1 2022 | +4.2% | +8.8% | +19.9% | |
| Q4 2021 | -9.8% | -4.2% | -17.1% | |
| Q3 2021 | +4.5% | +13.6% | +10.0% | |
| Q2 2021 | -5.0% | -4.8% | -5.3% | |
| Q1 2021 | -14.5% | -21.2% | -20.4% | |
| Q4 2020 | +7.1% | +5.0% | -10.8% | |
| Q3 2020 | +26.3% | +33.5% | +63.1% | |
| Q2 2020 | +1.0% | -1.0% | -3.3% | |
| Q1 2020 | -2.7% | +0.3% | +11.9% | |
| Q4 2019 | -3.6% | -6.1% | -41.6% | |
| Q3 2019 | +11.8% | +13.0% | +3.5% | |
| Q2 2019 | -13.0% | -12.3% | -17.8% | |
| Q1 2019 | +24.6% | +14.8% | +2.2% | |
| Q4 2018 | -6.4% | -12.9% | -15.3% | |
| Q3 2018 | -17.9% | -14.3% | -15.4% | |
| Q2 2018 | +5.2% | +9.8% | +5.6% | |
| Q1 2018 | -2.6% | +1.2% | +9.3% | |
| Q4 2017 | -12.4% | -12.2% | +2.7% | |
| Q3 2017 | -0.8% | +0.1% | -10.7% | |
| Q2 2017 | -2.8% | -8.7% | -11.2% | |
| Q1 2017 | -4.8% | +1.1% | -7.5% | |
| Q4 2016 | +17.6% | +19.8% | +32.4% | |
| Q3 2016 | +2.7% | +3.0% | +18.6% | |
| Q2 2016 | -7.4% | -9.4% | -5.5% | |
| Q1 2016 | -1.1% | — | — | |
| Q4 2015 | +0.6% | — | — | |
| Q3 2015 | +11.5% | — | — | |
| Q2 2015 | -17.3% | — | — | |
| Q1 2015 | +5.3% | — | — | |
| Q4 2014 | -3.6% | — | — | |
| Q3 2014 | -6.4% | — | — | |
| Q2 2014 | +5.0% | — | — | |
| Q1 2014 | +3.7% | — | — | |
| Q4 2013 | -0.2% | — | — | |
| Q3 2013 | -13.3% | — | — | |
| Q2 2013 | -1.3% | — | — | |
| Q1 2013 | -3.0% | — | — | |
| Q4 2012 | -4.7% | — | — | |
| Q3 2012 | -3.8% | — | — | |
| Q2 2012 | +0.0% | — | — | |
| Q1 2011 | +0.2% | — | — | |
| Q1 2012 | +3.0% | — | — | |
| Q4 2009 | -7.7% | — | — | |
| Q4 2011 | -7.7% | — | — | |
| Q3 2011 | +5.3% | — | — | |
| Q3 2010 | +5.3% | — | — | |
| Q2 2010 | -4.9% | — | — | |
| Q2 2011 | -4.9% | — | — | |
| Q4 2010 | -4.9% | — | — | |
| Q1 2010 | -5.0% | — | — |
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