Every material Form 8-K Cohu filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Cohu reported fiscal third-quarter 2025 net sales of $126.2 million, up from $95.3 million a year earlier, and a GAAP net loss of $4.1 million, or $0.09 per share, versus a loss of $18.1 million a year earlier. The company guided fourth-quarter 2025 sales to $122 million, plus or minus $7 million, and said it did not repurchase shares in the quarter.
Q3 2025 net sales $126.2 million vs. $95.3 million in Q3 2024 and $107.7 million in Q2 2025
GAAP net loss $4.1 million ($0.09 per share) vs. $18.1 million ($0.39 per share) a year earlier; non-GAAP loss $2.8 million ($0.06 per share)
Q4 2025 sales expected at $122 million, plus or minus $7 million
Cash and investments $198.2 million at quarter end; no shares repurchased in Q3 2025
Cohu, Inc. closed $287.5 million of 1.50% convertible senior notes due January 15, 2031, on September 29, 2025, including the full exercise of a $27.5 million option by the initial purchasers. The company reported net proceeds of about $278.9 million, of which about $28.4 million went to capped call transactions and the rest is for general corporate purposes. Shareholders could face dilution if notes convert, up to an initial maximum of 14,017,552 shares, though the capped calls are expected to reduce that dilution up to a $41.02 per share cap price.
Principal of $287.5 million, including $27.5 million from the full exercise of the initial purchasers' option; notes mature January 15, 2031.
Net proceeds of about $278.9 million; about $28.4 million used to pay for capped call transactions.
Initial conversion price of about $27.1758 per share, a 32.50% premium over the $20.51 reference price on September 24, 2025.
Capped call cap price of about $41.02 per share; initial maximum of 14,017,552 shares issuable on conversion.
Cohu reported fiscal second-quarter 2025 net sales of $107.7 million, up from $104.7 million a year earlier, and a GAAP net loss of $16.9 million, or $0.36 per share, compared with a $15.8 million loss a year earlier. The company guided third-quarter 2025 sales to $125 million, plus or minus $7 million, so shareholders get higher sales alongside a continued GAAP loss.
Q2 2025 net sales were $107.7 million, up from $104.7 million in Q2 2024 and $96.8 million in Q1 2025.
GAAP net loss was $16.9 million, or $0.36 per share, versus a $15.8 million loss, or $0.34 per share, in Q2 2024.
Non-GAAP net income was $0.7 million, or $0.02 per share, compared with a non-GAAP loss of $0.6 million in Q2 2024.
Third-quarter 2025 sales are expected to be $125 million, plus or minus $7 million.
Cohu reported fiscal first-quarter 2025 net sales of $96.8 million, down from $107.6 million a year earlier, and a GAAP net loss of $30.8 million, or $0.66 per share, compared with a $14.6 million loss a year earlier. Excluding certain charges, the non-GAAP loss was $0.8 million, or $0.02 per share, and the company guided second-quarter 2025 sales to $106 million, plus or minus $7 million.
Q1 2025 net sales were $96.8 million, versus $107.6 million in Q1 2024 and $94.1 million in Q4 2024.
GAAP net loss was $30.8 million ($0.66 per share), including $6.6 million in restructuring charges, versus a $14.6 million loss ($0.31 per share) a year earlier.
Second-quarter 2025 sales are expected in a range of $106 million +/- $7 million.
Cash and investments were $200.8 million at quarter end; the company repurchased 432,288 shares for about $8.6 million.
Cohu reported fourth-quarter 2024 net sales of $94.1 million, down from $137.2 million a year earlier, and a GAAP net loss of $21.4 million, or $0.46 per share. For full year 2024, revenue fell to $401.8 million from $636.3 million and the GAAP net loss was $69.8 million, or $1.49 per share, so shareholders saw both lower sales and larger losses. The company guided first-quarter 2025 sales to $97 million, plus or minus $7 million.
Q4 2024 GAAP net loss of $21.4 million ($0.46 per share) versus a net loss of $2.0 million ($0.04 per share) in Q4 2023
Q4 2024 non-GAAP net loss of $7.1 million ($0.15 per share); full year 2024 non-GAAP net loss of $10.9 million ($0.23 per share)
Q1 2025 sales expected at $97 million, plus or minus $7 million
Company acquired Tignis, Inc., an artificial intelligence process control and analytics software provider; no shares were repurchased in Q4 2024
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Cohu filing is on SEC EDGAR ↗. 8-K briefs of other companies →