Cohu Inc. Earnings Decline 67% In Q3

(RTTNews) - Cohu Inc. (COHU) revealed a profit for third quarter that decreased from last year.

The company said its profit fell to $4.4 million, or $0.17 per share. This was down from $13.4 million, or $0.51 per share, in last year's third quarter.

The company said revenue for the quarter fell 26.3% to $67.5 million. This was down from $91.6 million last year.

Cohu Inc. earnings at a glance:

-Earnings (Q3): $4.4 Mln. vs. $13.4 Mln. last year. -Earnings Decline (Y-o-Y): -67.2% -EPS (Q3): $0.17 vs. $0.51 last year. -EPS Decline (Y-o-Y): -66.7% -Revenue (Q3): $67.5 Mln vs. $91.6 Mln last year. -Revenue Change (Y-o-Y): -26.3%