53.7 F
San Diego
Thursday, Mar 28, 2024
-Advertisement-

Cohu Multiplies Net Income By Three

Cohu, Inc., a San Diego-based maker of testing equipment used by the semiconductor manufacturing industry, reported net income of $6.5 million on revenue of $44.4 million for the first quarter, compared to net income of $2 million on revenue of $35.9 million for period ended March 31, 2004.

Cohu said it enjoyed increased sales during the past quarter in its Delta Design unit, which accounts for about 84 percent of its total sales. It reported a backlog of orders as of March of $62.6 million.

Shares of Cohu, traded on Nasdaq, closed at $17.05 on April 22, up 85 cents.

Mike Allen

-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-
-Advertisement-