Cohu, Inc. reported its fiscal 2024 fourth quarter net sales of $94.1 million on February 13, 2025. The company recorded a GAAP loss of $21.4 million, or $0.46 per share, for the quarter.
For the full fiscal year 2024, Cohu's net sales totaled $401.8 million. The company reported a GAAP loss of $69.8 million, or $1.49 per share, for the entire year.
The adjusted loss for the fourth quarter was $0.15 per share, which missed Wall Street expectations. These results reflect the challenging market conditions experienced throughout the year.
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