Cohu Inc. Reveals 175% Gain In Q4 Earnings

(RTTNews) - Cohu Inc. (COHU) reported a profit for its fourth quarter that increased compared to the same period last year.

The company said its bottom line rose to $6.6 million, or $0.24 per share. This was up from $2.4 million, or $0.09 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.09 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 11.3% to $70.7 million. This was up from $63.5 million last year.

Cohu Inc. earnings at a glance:

-Earnings (Q4): $6.6 Mln. vs. $2.4 Mln. last year. -Earnings Growth (Y-o-Y): 175.0% -EPS (Q4): $0.24 vs. $0.09 last year. -EPS Growth (Y-o-Y): 166.7% -Analysts Estimate: $0.09 -Revenue (Q4): $70.7 Mln vs. $63.5 Mln last year. -Revenue Change (Y-o-Y): 11.3%