Muller Luis A sold $3.3M of COHU

COHU INC (COHU) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Cohu Reports Third Quarter 2026 Results ● Third quarter net sales increased 37% year-over-year to $173.0 million ● Gross margin of 45.5%; non-GAAP gross margin of 45.7% ● Estimated test cell utilization increased 200 bps sequentially to 82% ● Bookings increased 126%

Cohu Inc. (COHU) reported Q3 earnings of $0.43 per share, beating estimates by $0.08, with revenue of $173.0M, up 37% YoY. Growth was driven by AI and high-performance computing demand. Shares rose 2% after hours. Q4 guidance is $171M-$185M, implying 46% YoY growth. GAAP net income was $12.1M, up from a loss last year.

Cohu Inc. reported Q3 non-GAAP EPS of $0.43, exceeding estimates by $0.09, with revenue of $173M, up 37.1% year-over-year and beating by $2.76M. The company's shares rose 4.24% following the results.

Cohu reported a 37% year-over-year increase in Q3 net sales to $173.0 million, with a 126% rise in orders. Gross margin was 45.5%. Non-GAAP net income was $23.3 million. The company expects Q4 sales growth and an AI-driven compute pipeline of ~$1.0 billion.

Cohu’s Q2 2026 earnings call said sales rose 38% year over year to $149 million, with about 53% of revenue from recurring sources. The company cited higher semiconductor test utilization to 80% and said computing drove 46% of system orders. Cohu raised its fiscal 2026 high-performance computing revenue estimate to $100 million to $110 million.

Cohu reported Q2 FY2026 revenue up 38% YoY, driven by advanced thermal test handlers for AI processors and HBM inspection. Semiconductor test utilization rose to 80%. The company raised its FY2026 revenue growth outlook to about 35% (range $610M-$615M) and expects Q3 revenue near $170M. Gross margin seen mid-40%.