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Cohu: 2Q Earnings Snapshot

Aug 05, 2019 - Associated Press Financial Wire
Financial Results

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...