Edition:
United Kingdom

Cohu Inc (COHU.OQ)

COHU.OQ on NASDAQ Stock Exchange Global Select Market

17.37USD
16 Jan 2019
Change (% chg)

-- (--)
Prev Close
$17.37
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
156,385
52-wk High
$27.82
52-wk Low
$14.09

Latest Key Developments (Source: Significant Developments)

Cohu-On Nov 27, Determined To Implement Facility Consolidation Program As Part Of Targeted Integration Plan Regarding Acquired Xcerra Corp
Friday, 30 Nov 2018 

Nov 30 (Reuters) - Cohu Inc ::COHU- ON NOV 27, DETERMINED TO IMPLEMENT FACILITY CONSOLIDATION PROGRAM AS PART OF TARGETED INTEGRATION PLAN REGARDING ACQUIRED XCERRA CORPORATION.COHU- UNDER PROGRAM, CO EXPECTS TO CLOSE MANUFACTURING OPERATIONS IN PENANG, MALAYSIA AND FONTANA, CALIFORNIA BY THE END OF CALENDAR YEAR 2019,.COHU INC - RELATING TO ACTIONS, HAVE NOTIFIED IMPACTED EMPLOYEES OF A REDUCTION IN FORCE PROGRAM THAT WILL ELIMINATE ABOUT 280 POSITIONS.COHU INC - EXPECTS THE FACILITY CONSOLIDATION CHARGES TO BE IN THE RANGE OF $3.0 MILLION TO $3.5 MILLION.COHU - EXPECTS REDUCTION IN FORCE CHARGES, CONSISTING PRIMARILY OF SEVERANCE AND OTHER TERMINATION BENEFITS, TO BE IN THE RANGE OF $2.5 MILLION TO $3 MILLION.COHU - ANTICIPATE THAT CHARGES WILL BE PRIMARILY RECOGNIZED DURING THE FIRST NINE-MONTHS OF FISCAL 2019.  Full Article

Cohu Entered Credit Agreement Providing For $350.0 Mln Secured Term Loan Facility
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Cohu Inc ::COHU INC - ENTERED CREDIT AND GUARANTY AGREEMENT PROVIDING FOR $350.0 MILLION SECURED TERM LOAN FACILITY.COHU SAYS ALL OUTSTANDING PRINCIPAL AND INTEREST UNDER CREDIT FACILITY MUST BE REPAID ON OR BEFORE OCT 1, 2025 - SEC FILING.  Full Article

Cohu, Xcerra Announce Early Termination Of Hart-Scott-Rodino Waiting Period
Friday, 27 Jul 2018 

July 27 (Reuters) - Cohu Inc ::COHU AND XCERRA ANNOUNCE EARLY TERMINATION OF HART-SCOTT-RODINO WAITING PERIOD IN CONNECTION WITH PROPOSED ACQUISITION OF XCERRA.COHU AND XCERRA ANNOUNCE EARLY TERMINATION OF HART-SCOTT-RODINO WAITING PERIOD IN CONNECTION WITH PROPOSED ACQUISITION OF XCERRA.  Full Article

Xcerra Says If Deal With Cohu Terminated, Co Will To Pay Cohu Termination Fee Of $22.8 Mln
Tuesday, 8 May 2018 

May 8 (Reuters) - Xcerra Corp ::XCERRA SAYS IF DEAL WITH COHU TERMINATED UNDER SOME CONDITIONS, CO WILL BE REQUIRED TO PAY COHU A TERMINATION FEE OF $22.8 MILLION - SEC FILING.XCERRA CORP - IF DEAL TERMINATED UNDER SOME CONDITIONS, COHU WILL BE REQUIRED TO PAY CO A TERMINATION FEE OF $45 MILLION.  Full Article

Cohu to buy Xcerra for total enterprise value of about $627 mln
Tuesday, 8 May 2018 

May 8 (Reuters) - Cohu Inc ::COHU TO ACQUIRE XCERRA CREATING GLOBAL LEADER IN BACK-END SEMICONDUCTOR EQUIPMENT.XCERRA SHAREHOLDERS WILL BE ENTITLED TO RECEIVE $9.00 IN CASH AND 0.2109 OF A SHARE OF COHU COMMON STOCK.COMPLEMENTARY ACQUISITION EXPECTED TO CREATE DIVERSIFIED REVENUE BASE AND EXPAND ADDRESSABLE MARKET TO $5 BILLION.TRANSACTION VALUES XCERRA AT $13.92 PER SHARE, OR APPROXIMATELY $796 MILLION IN EQUITY VALUE.DEAL FOR TOTAL ENTERPRISE VALUE OF ABOUT $627 MILLION, AFTER EXCLUDING XCERRA'S CASH AND MARKETABLE SECURITIES NET OF DEBT.TO FUND CASH PAYABLE TO XCERRA SHAREHOLDERS WITH COMBINATION OF CASH ON HAND AND APPROXIMATELY $350 MILLION IN DEBT FINANCING.XCERRA SHAREHOLDERS ARE EXPECTED TO OWN APPROXIMATELY 30% OF COMBINED COMPANY UPON CLOSING OF TRANSACTION.LUIS MÜLLER WILL REMAIN PRESIDENT AND CHIEF EXECUTIVE OFFICER AND LEAD COMBINED COMPANY.COHU - DEAL IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO NON-GAAP EPS, GENERATE OVER $20 MILLION OF ANNUAL RUN-RATE COST SYNERGIES WITHIN 2 YEARS OF CLOSING.JEFF JONES WILL CONTINUE TO SERVE AS VICE PRESIDENT OF FINANCE AND CHIEF FINANCIAL OFFICER.  Full Article

Cohu reports Q3 non-GAAP earnings per share $0.43
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Cohu Inc :Cohu reports third quarter 2017 results.Q3 non-GAAP earnings per share $0.43.Q3 GAAP earnings per share $0.30.Sees q4 2017 sales about $84 million.Q3 sales $93.7 million versus I/B/E/S view $91.4 million.Q3 earnings per share view $0.39 -- Thomson Reuters I/B/E/S.Q4 revenue view $83.6 million -- Thomson Reuters I/B/E/S.  Full Article

Cohu projects second half 2017 sales to be about same as first half 2017
Tuesday, 11 Jul 2017 

July 11 (Reuters) - Cohu Inc :Cohu announces strong preliminary second quarter 2017 results.Q2 sales $93 million versus i/b/e/s view $86.2 million.Cohu Inc - projects second half 2017 sales to be approximately same as first half 2017, with typical seasonality between third and fourth quarters.  Full Article