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Cohu Q2 Adjusted Earnings, Revenue Rise; Shares Jump After Hours

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Cohu (COHU) reported Q2 adjusted earnings late Thursday of $0.26 per diluted share, up from $0.02 a year earlier.

Analysts polled by FactSet expected $0.14.

Revenue for the quarter ended June 27 rose to $149 million from $107.7 million a year ago.

Analysts projected $144.2 million.

Cohu expects Q3 revenue of $170 million, plus or minus $7 million.

Analysts project $146.4 million.

Cohu shares jumped 21% in after-hours trading.

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