March 21, 2018 / 12:15 PM / 6 months ago

BRIEF-Cohu Increases Q1 Sales Forecast To About $93 Mln From $89 Mln

March 21 (Reuters) - Cohu Inc:

* REASES FIRST QUARTER GUIDANCE AND ANNOUNCES ACCEPTANCE OF NEW ECLIPSE XTA HANDLER BY LARGE KOREAN CUSTOMER

* Q1 SALES $93 MILLION VERSUS I/B/E/S VIEW $89 MILLION

* SEES ‍Q1 SALES INCREASING TO ABOUT $93 MILLION FROM PRIOR GUIDANCE OF APPROXIMATELY $89 MILLION​

* SEES ‍Q1 NON-GAAP GROSS MARGIN EXPANDING FROM PRIOR GUIDANCE TO A RANGE OF 43% TO 43.5%​

* ‍CONTINUES TO PROJECT ABOUT 10% GROWTH IN FIRST HALF OF 2018 COMPARED TO SAME PERIOD LAST YEAR​ Source text for Eikon: Further company coverage:

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