Cohu, Inc. Files 8-K on Financials
Ticker: COHU · Form: 8-K · Filed: Feb 13, 2025 · CIK: 21535
Sentiment: neutral
Topics: financial-results, 8-k
Related Tickers: COHU
TL;DR
Cohu filed its 8-K today, check out the latest financials.
AI Summary
On February 13, 2025, Cohu, Inc. filed an 8-K report detailing its financial results and condition. The filing includes financial statements and exhibits, providing an update on the company's operational performance. The report is filed as of February 13, 2025, with the earliest event reported on the same date.
Why It Matters
This filing provides investors with updated financial information, crucial for assessing Cohu, Inc.'s performance and making informed investment decisions.
Risk Assessment
Risk Level: low — This is a routine financial filing and does not indicate any unusual risks or events.
Key Players & Entities
- Cohu, Inc. (company) — Registrant
- February 13, 2025 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
- 12367 Crosthwaite Circle, Poway, California 92064 (address) — Principal Executive Offices
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on Cohu, Inc.'s Results of Operations and Financial Condition, and to provide Financial Statements and Exhibits.
What is the date of the earliest event reported in this filing?
The date of the earliest event reported in this filing is February 13, 2025.
In which state is Cohu, Inc. incorporated?
Cohu, Inc. is incorporated in Delaware.
What is the principal executive office address for Cohu, Inc.?
The principal executive office address for Cohu, Inc. is 12367 Crosthwaite Circle, Poway, California 92064.
What is the SIC code for Cohu, Inc.?
The Standard Industrial Classification (SIC) code for Cohu, Inc. is 3825, which corresponds to Instruments for Meas & Testing of Electricity & Elec Signals.
Filing Stats: 1,474 words · 6 min read · ~5 pages · Grade level 17.4 · Accepted 2025-02-13 16:07:16
Key Financial Figures
- $1.00 — ge on which registered Common Stock , $1.00 par value COHU The NASDAQ Stock Mark
Filing Documents
- cohu20250211_8k.htm (8-K) — 37KB
- ex_777843.htm (EX-99.1) — 428KB
- presslogo.jpg (GRAPHIC) — 14KB
- 0001437749-25-003753.txt ( ) — 646KB
- cohu-20250213.xsd (EX-101.SCH) — 3KB
- cohu-20250213_def.xml (EX-101.DEF) — 11KB
- cohu-20250213_lab.xml (EX-101.LAB) — 15KB
- cohu-20250213_pre.xml (EX-101.PRE) — 11KB
- cohu20250211_8k_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 13, 2025, the Company issued a press release regarding its financial results for the fourth fiscal quarter and full year ended December 28, 2024. The Company's press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein. The information in this Item 2.02 of this Current Report on Form 8-K and the Exhibit attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language in such filing. Use of Non-GAAP Financial Information: Included within this current report are non-GAAP financial measures, including non-GAAP Gross Margin/Profit, Income and Income (adjusted earnings) per share, Operating Income, Operating Expense, effective tax rate, net cash per share and Adjusted EBITDA that supplement the Company's Condensed Consolidated Statements of Operations prepared under generally accepted accounting principles (GAAP). These non-GAAP financial measures adjust the Company's actual results prepared under GAAP to exclude charges and the related income tax effect for: share-based compensation, the amortization of purchased intangible assets, restructuring costs, manufacturing transition and severance costs, acquisition-related costs and associated professional fees, impairments, inventory step-up, reduction of indemnification receivable, depreciation of purchase accounting adjustments to property, plant and equipment, amortization of cloud-based software implementation costs (Adjusted EBITDA only) and loss on extinguishment of debt (Adjusted EBITDA only). Reconciliations of GAAP to non-GAAP amounts for the periods presented herein are provided in schedules accompanying
Forward Looking Statements
Forward Looking Statements: Certain statements contained in this current report may be considered forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements regarding effects of near-term growth in revenue in certain vertical markets and corresponding financial impacts; expectations related to our FY2025 outlook, including quarterly projections; success or contribution of M&A transactions; new market entries, product introductions or customer adoptions and corresponding performance metrics or financial impacts; product market projected growth and market sizes and related revenue opportunities for the semiconductor process control market; and any other statements that are predictive in nature and depend upon or refer to future events or conditions; and/or include words such as "may," "will," "should," "would," "expect," "anticipate," "plan," "likely," "believe," "estimate," "project," "intend;" and/or other similar expressions among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Any third-party industry analyst forecasts quoted are for reference only and Cohu does not adopt or affirm any such forecasts. Actual results and future business conditions could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: new product investments and product enhancements which may not be commercially successful; the semiconductor industry is seasonal, cyclical, volatile and unpredictable; recent erosion in mobile, automotive and industrial market sales; our ability to manage and deliver high quality products and services; failure of sole source contract manufacturer or our ability to manage third-party raw material, component and/or servic
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. The Exhibit listed below is being furnished with this Current Report on Form 8-K. (d) Exhibits Exhibit No. - 99.1 Fourth Quarter and Full Year 2024 Earnings Release, dated February 13, 2025, of Cohu, Inc. Exhibit No. - 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Cohu, Inc. February 13, 2025 By: /s/ Jeffrey D. Jones Name: Jeffrey D. Jones Title: Senior VP Finance and Chief Financial Officer Exhibit Index Exhibit No. Description 99.1 104 Fourth Quarter and Full Year 2024 Earnings Release, dated February 13, 2025, of Cohu, Inc. Cover Page Interactive Data File (embedded within the Inline XBRL document)