🟢 COHU is trading 12% up in pre-market after Q3 results and higher 2026 HPC outlook

COHU is trading at $59.50, up 11.97% in pre-market after Q3 results and a higher 2026 HPC outlook.

• Q3 revenue was $173 million and non-GAAP EPS was $0.43; management projected Q4 revenue of $178 million ± $7 million.
• Cohu reported an approximately $1 billion HPC pipeline and raised its 2026 HPC revenue outlook to about $120 million. Broader semiconductor weakness remains a headwind.