Cohu Inc. Q2 Earnings Rise 123%

(RTTNews) - Cohu Inc. (COHU) announced a profit for its second quarter that climbed from last year.

The company said its bottom line totaled $13.8 million, or $0.48 per share. This was higher than $6.2 million, or $0.23 per share, in last year's second 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 22.9% to $93.9 million. This was up from $76.4 million last year.

Cohu Inc. earnings at a glance:

-Earnings (Q2): $13.8 Mln. vs. $6.2 Mln. last year. -Earnings Growth (Y-o-Y): 122.6% -EPS (Q2): $0.48 vs. $0.23 last year. -EPS Growth (Y-o-Y): 108.7% -Analysts Estimate: $0.39 -Revenue (Q2): $93.9 Mln vs. $76.4 Mln last year. -Revenue Change (Y-o-Y): 22.9%

-Guidance: Next quarter revenue guidance: $88 -$95 Mln