August 3, 2023 Q2’23 ...

Cohu, Inc. (NASDAQ:COHU) Q1 2023 Results Conference Call May 4, 2023 4:30 PM ET Company Participants Jeff Jones - CFO Luis Muller - President and CEO Conference Call Participants Craig Ellis - B. Riley Securities David Duley - Steelhead Securities Tyler Burmeister - Craig-Hallum Bob Mertens - Cowen Brian Chin - Stifel Operator Good day, and thank you for standing by. Welcome to today's Conference Call to discuss Cohu's First Quarter Financial Results and Second Quarter Outlook. At this time, all participant ...

Cohu, Inc. (NASDAQ:COHU) Q4 2022 Earnings Conference Call February 16, 2023 4:30 PM ET Company Participants Jeffrey Jones - SVP, Finance & CFO Luis Muller - President, CEO & Director Conference Call Participants Craig Ellis - B. Riley Securities Brian Chin - Stifel, Nicolaus & Company David Duley - Steelhead Securities Kinney Chin - Cowen and Company Operator Good day, and thank you for standing by. Welcome to Cohu's Fourth Quarter and Full Year 2022 Financial Results Conference Call. [Operator Instructions ...

财务状况 - Cohu是一家领先的半导体测试和检验自动化系统供应商[183] - 2022年，Cohu的净销售额同比下降了8.4%，为8.128亿美元[186] - 2022年的净利润为9680万美元，较2021年的1.673亿美元有所下降[227] - 截至2022年12月31日，公司总负债净额为7900万美元，其中包括6600万美元的贷款信贷设施，250万美元的Kita贷款，840万美元的Cohu GmbH建设贷款，以及190万美元的Kita信用额度[230] - 公司于2018年10月1日签订了一项信贷协议，提供3.5亿美元的贷款信贷设施，截至2022年12月31日，未偿还贷款余额为6620万美元[239] - 公司于2022年预付了3180万美元的贷款信贷设施本金，导致损失300万美元，剩余6700万美元的本金仍未偿还[241] - 公司在2022年12月31日的备用信用证和银行担保中，尚有300万美元未偿还[249] - 公司持有约143.2万美元的短期固定收益投资证券，未持有或发行用于交易目的的金融工具[255] - 公司长期债务以摊销成本计提，利率波动不会影响财务报表，但债务的公允价值会随着利率变动而波动[257] - 公司在2022年12月31日的外汇资产和负债的美元价值因外汇波动而下降了1800万美元[262] - 公司投资组合中包括短期固定收益投资证券，价值约为1.432亿美元[255] - 公司长期债务金额为6700万美元，利率为6.37%[257] 财务运营 - 净销售主要来自产品和服务销售，根据合同条款满足义务后确认收入[190] - Cohu维持信用损失准备金，以应对客户无法支付所需款项的风险[191] - 库存估值需要估计过时或过剩库存，以及不可销售质量的库存[192] - Cohu根据各个经营地点估计所得税负债，包括当前税和暂时性差异[193] - Cohu将三个经营部门归为一个部门，即半导体测试和检验设备[195] - Cohu每年对商誉和其他无限期无形资产进行评估，以确定是否存在减值迹象[196] - 长期资产除商誉外的减值测试是根据事件或情况变化来判断资产的账面价值是否可能无法收回[199] - 我们根据产品保修估计成本提供产品保修[200] - 我们面临某些在业务常规中出现的不确定性，需要评估未来事件是否会确认损失或资产减值[201] - 股权激励支出是根据授予日的公司股票市场价格计算的[202] - 我们对股权激励支出的估计需要多个复杂和主观的假设[203] 资金管理 - 公司相信公司的流动性来源将足以满足未来至少12个月的现金需求，但可能会受到产品需求下降的影响。此外，公司可能进行收购或增加资本支出，并可能需要通过债务或股权融资筹集额外资金，以提供更大的灵活性来资助这些活动[232] - 2022年12月31日，现金、现金等价物和短期投资总额为385,576,000美元，工作资本为603,979,000美元，较2021年同期分别增长1.5%和8.2%[233] - 2022年投资活动中，公司投入现金总额为6790万美元，其中2089万美元用于购买短期投资，1554万美元来自销售和到期投资。2021年投资活动中，公司净现金流入总额为3990万美元[234] - 2022年融资活动中，公司现金支出总额为9110万美元，主要用于偿还债务，净额为65百万美元。2021年融资活动中，公司现金流入总额为650万美元[235] - 2022年公司用于解决员工股票奖励税款的现金总额为200万美元，较2021年减少了240万美元[236] - 公司董事会授权了一个总额为7000万美元的股票回购计划，截至2022年12月31日，公司已回购1767070股普通股，总额为5070万美元[237] - 公司预计未来12个月内将继续进行资本支出以支持业务，并预计目前的营运资本将足以满足运营需求[250] 风险管理 - 公司进行外汇风险管理，通过外汇远期合同对冲未来外汇汇率波动[261] - 公司外国子公司的资产和负债按年末汇率折算为美元，导致股东权益减少1800万美元[262] - 如果美元对特定货币贬值10%，将导致其他综合收益中的正向翻译调整约3420万美元[263] - 公司管理层认为内部财务报告控制有效[267] - 独立注册会计师认为公司维持了有效的内部控制[270]

October 27, 2022 October 27, 2022 Page 1 Q3'22 Financial Results 詹 Cohu Cautionary Statement Regarding Forward Looking Statements Forward Looking Statements: Certain statements contained in this release and accompanying materials may be considered forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements regarding a resilient recurring business with profitability through industry cycles; estimated test cell utilization; mix of recurring ...

Cohu, Inc. (NASDAQ:COHU) Q3 2022 Results Conference Call October 27, 2022 4:25 PM ET Company Participants Jeff Jones - Chief Financial Officer Luis Muller - President & Chief Executive Officer Conference Call Participants Atif Malik - Citi Michael Mani - B. Riley Securities Robert Mertens - Cowen Christian Schwab - Craig-Hallum David Duley - Steelhead Securities Operator Good day and thank you for standing by. Welcome to the Cohu Inc. Third Quarter 2022 Financial Results Conference Call. At this time, all p ...

Cohu, Inc. (NASDAQ:COHU) Q2 2022 Earnings Conference Call July 28, 2022 4:25 PM ET Company Participants Jeff Jones - Chief Financial Officer Luis Müller - President & Chief Executive Officer Conference Call Participants Brian Chin - Stifel David Duley - Steelhead Securities Craig Ellis - B. Riley Securities Quinn Bolton - Needham & Company. Tyler Burmeister - Craig-Hallum Hans Chung - D.A. Davidson Operator Good day, and thank you for standing by. Welcome to the Cohu's Incorporated Second Quarter 2022 Finan ...

July 28, 2022 July 28, 2022 Page 1 Q2'22 Financial Results 詹 Cohu Cautionary Statement Regarding Forward Looking Statements Forward Looking Statements: Certain statements contained in this presentation may be considered forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements regarding tester design wins, backlog expected to ship over multiple quarters, estimated test cell utilization, increasing demand for our products, opportunities f ...

COHU INVESTOR PRESENTATION July 2022 2 Cautionary Statement Regarding Forward-Looking Statements Forward-Looking Statements: Certain statements contained in this presentation may be considered forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements regarding all Serviceable Addressable Market (SAM) estimates, share and growth over time, market segments CAGRs and growth drivers for each business, 3-year target Plan or "Target Model" fin ...

COHU INVESTOR PRESENTATION June 2022 2 Cautionary Statement Regarding Forward-Looking Statements Forward-Looking Statements: Certain statements contained in this presentation may be considered forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements regarding all Serviceable Addressable Market (SAM) estimates, share and growth over time, market segments CAGRs and growth drivers for each business, 3-year target Plan or "Target Model" fin ...