POWAY, Calif. (AP) _ Cohu Inc. (COHU) on Thursday reported third-quarter net income of $23.7 million, after reporting a loss in the same period a year earlier.
The Poway, California-based company said it had profit of 48 cents per share. Earnings, adjusted for one-time gains and costs, came to 70 cents per share.
The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 70 cents per share.
The maker of semiconductor test equipment posted revenue of $225.1 million in the period.
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