NASDAQ$COHU
Cohu Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Cohu reported its fourth quarter 2024 financial results, with net sales of $94.1 million and a GAAP net loss of $21.4 million.
Cohu's fourth quarter 2024 net sales were $94.1 million, with a GAAP net loss of $21.4 million, or $0.46 per share. The non-GAAP net loss was $7.1 million, or $0.15 per share. Full year 2024 revenue was $401.8 million, with a GAAP net loss of $69.8 million.
- Full year 2024 revenue reached $401.8 million.
- Fourth quarter 2024 net sales were $94.1 million, with approximately 62% recurring revenue.
- Fourth quarter gross margin was 41.9%, impacted by a $2.1 million inventory reserve charge.
- Cohu acquired Tignis, Inc., an AI process control and analytics software provider, expanding its analytics offering.
Headline financials
Revenue & EPS history
Cohu · Revenue · Quarterly
$94.1M
Forward guidance
Cohu expects first quarter 2025 sales to be in a range of $97 million +/- $7 million. The company aims to grow software revenue at an annual rate of 50% or more over the next three years.
Tailwinds
- Expected Q1 2025 sales range of $97 million +/- $7 million.
- Expansion of analytics offering with Tignis acquisition.
- Opportunity to grow software revenue at an annual rate of 50% or more over the next three years.
- Focus on optimizing yield and productivity solutions for the industry.
- Sequential increase in systems revenue in Computing, Industrial, and Consumer segments.
Headwinds
- No specific negative forward guidance was provided in the report.
- The report does not detail potential challenges in achieving the 50% software revenue growth target.
- No specific risks associated with the Tignis acquisition were outlined in the forward guidance.
- The guidance does not address potential impacts of ongoing inflationary pressures or interest rates.
- No specific concerns regarding market seasonality or cyclicality were mentioned for the upcoming quarter.
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 Q4 2024
-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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