Cohu (COHU) Posts Q3 Profit of $12.1 Million, Beats Analyst Estimates

Cohu Inc. (COHU) on Wednesday reported third-quarter earnings of $12.1 million, or 22 cents per share, topping Wall Street expectations. Adjusted for one-time gains and costs, the San Diego-based semiconductor test equipment maker earned 43 cents per share, above the 35-cent average estimate from three analysts surveyed by Zacks Investment Research. Revenue for the quarter came in at $173 million.