Cohu, Inc. reported earnings results for the first quarter ended March 30, 2024. For the first quarter, the company reported sales was USD 107.61 million compared to USD 179.37 million a year ago. Net loss was USD 14.64 million compared to net income of USD 15.69 million a year ago.

Basic loss per share from continuing operations was USD 0.31 compared to basic earnings per share from continuing operations of USD 0.33 a year ago. Diluted loss per share from continuing operations was USD 0.31 compared to diluted earnings per share from continuing operations of USD 0.33 a year ago.