POWAY, Calif. (AP) — POWAY, Calif. (AP) — Cohu Inc. (COHU) on Thursday reported a loss of $21.4 million in its fourth quarter.
The Poway, California-based company said it had a loss of 46 cents per share. Losses, adjusted for one-time gains and costs, came to 15 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.
The maker of semiconductor test equipment posted revenue of $94.1 million in the period.
For the year, the company reported a loss of $69.8 million, or $1.49 per share. Revenue was reported as $401.8 million.
For the current quarter ending in March, Cohu said it expects revenue in the range of $90 million to $104 million.
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