COHU - Dividend announcements

POWAY, Calif.--(BUSINESS WIRE)--Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today announced the introduction of its cRacer RF interface platform for next generation mmWave device test. The cRacer contactor and probe head platform targets RF semiconductor test in the mobility contactor market, which is projected to grow from $200 million to approximately $275 million by 2023 with deployment of mmWave frequencies in smartphones and other mobile products. Cohu’s cRacer allows traditional spring probe contactors to reach greater than 54 GHz frequencies without compromising mechanical integrity or lifespan of the probes. When combined w

POWAY, Calif.--(BUSINESS WIRE)--Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today provided a business update and an upward revision to its fiscal fourth quarter 2020 guidance: Forecasting record orders in fourth quarter, driven by RF tester share gains and accelerating automotive segment demand. Expecting fourth quarter revenue of $195 to $200 million, a 31% sequential increase at mid-point over third quarter. Strong momentum is projected to continue, with first quarter 2021 revenue expected to be approximately 5% higher than our updated fourth quarter guidance. The company further reduced its term loan B debt associated wit