Cohu Projects 30%-40% Revenue Growth by 2027 Driven by Eclipse Shipments and HPC Demand
Cohu (COHU) reported solid progress in its third quarter, driven by an acceleration in high-performance computing (HPC) adoption and strengthening recurring revenue. The company achieved quarterly revenue of $173 million and maintained a healthy book-to-bill ratio above 1.0. Looking ahead, management has set ambitious long-term targets, projecting revenue growth of 30% to 40% by 2027. This expansion is expected to be fueled by a strategic goal to triple shipments of its Eclipse product line.
Tickers: $COHU
Topics: book-to-bill ratio earnings report high-performance computing revenue growth