Cohu Inc. Q3 Profit Advances 194%

(RTTNews) - Cohu Inc. (COHU) released earnings for its third quarter that increased compared to the same period last year.

The company said its bottom line came in at $12.63 million, or $0.43 per share. This was higher than $4.3 million, or $0.16 per share, in last year's third quarter.

Analysts had expected the company to earn $0.39 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 35.2% to $93.7 million. This was up from $69.3 million last year.

Cohu Inc. earnings at a glance:

-Earnings (Q3): $12.63 Mln. vs. $4.3 Mln. last year. -Earnings Growth (Y-o-Y): 193.7% -EPS (Q3): $0.43 vs. $0.16 last year. -EPS Growth (Y-o-Y): 168.8% -Analysts Estimate: $0.39 -Revenue (Q3): $93.7 Mln vs. $69.3 Mln last year. -Revenue Change (Y-o-Y): 35.2%