Cohu: 2Q Earnings Snapshot
POWAY, Calif. (AP) _ Cohu Inc. (COHU) on Monday reported a second-quarter loss of $19.3 million, after reporting a profit in the same period a year earlier.
The Poway, California-based company said it had a loss of 47 cents per share. Earnings, adjusted for one-time gains and costs, came to 2 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.
The maker o...