Cohu, Inc. Provides Revenue Guidance for the Fourth Quarter 2023 and First Quarter 2024
January 29, 2024 at 09:00 am EST
Share
Cohu, Inc. provided revenue guidance for the fourth quarter 2023 and first quarter 2024. For the fourth quarter 2023, company expects revenue in-line with guidance at approximately $137 million.
For the first quarter 2024, company expects revenue to be approximately 20% lower than fourth quarter 2023.
Cohu, Inc. is engaged in supplying test, interface, automation, inspection and metrology products, software and services to the semiconductor industry. The Company sells its products, such as semiconductor automated test equipment (ATE), semiconductor handlers, interface products, inspection and metrology, DI-Core data analytics, spares and kits and services. Its semiconductor ATE is used both for wafer level and device package testing. Its solutions consist primarily of two platforms for the system on a chip (SoC) device market: Diamondx tester and PAx tester. Interface Products are comprised of test contactors, probe heads and probe pins. Inspection and Metrology are products that provide advanced vision capabilities. DI-Core data analytics is a comprehensive software suite used to optimize Cohu equipment performance. Spares and Kits are consumable, non-consumable and spare items. It provides various parts and labor warranties on its test and handling systems and instruments.