POWAY, Calif. (AP) _ Cohu Inc. (COHU) on Thursday reported fourth-quarter net income of $20.9 million.

On a per-share basis, the Poway, California-based company said it had net income of 42 cents. Earnings, adjusted for one-time gains and costs, were 72 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share.

The maker of semiconductor test equipment posted revenue of $191.9 million in the period.

For the year, the company reported net income of $167.3 million, or $3.45 per share, swinging to a profit in the period. Revenue was reported as $887.2 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COHU at https://www.zacks.com/ap/COHU

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