Investing.com - Cohu reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Cohu announced earnings per share of $0.51 on revenue of $206.7M. Analysts polled by Investing.com anticipated EPS of $0.68 on revenue of $205.23M.
Cohu shares are down 13% from the beginning of the year and are trading at $33.13 , down-from-52-week-high.
Cohu follows other major Information Technology sector earnings this month
Cohu's report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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