Cohu, Inc. Q3 2025 Earnings Release

Cohu, Inc. reported its financial results for the third quarter of 2025, with net sales of $126.2 million, a 55% recurring revenue rate, and a GAAP loss of $4.1 million or $0.09 per share. The company also reported non-GAAP results, showing a loss of $2.8 million or $0.06 per share. Cohu highlighted its progress in AI data center markets with products like Neon HBM inspection and Eclipse test handler. The company expects fourth-quarter sales to be in the range of $122 million +/- $7 million. Cohu's management emphasized their commitment to innovation and operational excellence, with strategic initiatives aimed at long-term growth. The company also provided detailed non-GAAP financial measures to offer additional insights into its operational performance.