POWAY, Calif. (AP) — POWAY, Calif. (AP) — Cohu Inc. (COHU) on Wednesday reported a loss of $4.1 million in its third quarter.
On a per-share basis, the Poway, California-based company said it had a loss of 9 cents. Losses, adjusted for one-time gains and costs, were 6 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share.
The maker of semiconductor test equipment posted revenue of $126.2 million in the period.
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