Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Anusuya Lahiri

Why Are Cohu Shares Trading Higher Today?

  • Cohu Inc (NASDAQ:COHU) updated its mid-term financial target model.
  • Cohu sees FY21 revenue of $1 billion above the consensus of $884.4 million.
  • Cohu sees non-GAAP EPS of $4 above the consensus of $3.01.
  • Luis Müller, Cohu President, and CEO commented, "Fiscal year 2021 is forecasted to be strong for Cohu, delivering record revenue and profitability. Order demand remains strong as we enter fiscal 2022, building upon Cohu's growth in Inspection and Metrology, expanding opportunities in RF, power management and display driver IC test, WLCSP probe, and accelerating deployment of DI-Core software services."
  • Price Action: COHU shares traded higher by 8.50% at $37.42 on the last check Wednesday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Why 90 Day Fiancé's Yara Dufren Was Upset After Meeting Jennifer Aniston
Never meet your heroes.
Cinemablend
Cinemablend
Arizona server crashes out after three women walk in 20 minutes before closing and ask the most diabolical ‘is this vegetarian’ questions ever
We have all had those days at work where your patience is tested by a complete lack of common sense. But for servers, those tests often come with an insulting $5 tip and a headache. If you’re a vegetarian, you might not want to claim the three main characters of…
The Mary Sue
The Mary Sue
Shia LaBeouf Has Allegedly Been On A Multi-Day Solo Shirtless Mardi Gras Bar Crawl
The French Quarter had an unexpected headliner.
Cinemablend
Cinemablend
Top 5 Things Frugal People Do That Scare the Normies
Here are the top five frugal hacks that make sense to those who know how to save, but tend to confuse or even frighten other folks who willingly pay full price.
GOBankingRates
GOBankingRates
Taylor Swift lends voice to special Winter Olympics video ahead of major competition for Team USA
Swift calls the figure skaters ‘three American showgirls’ in a nod to her latest album, ‘The Life of a Showgirl’
The Independent UK
The Independent UK
Is boy kibble the new girl dinner?
Food content creator Patrick Kong likens kibble to “dog food”
Evening Standard
Evening Standard
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play