The collapse of SVB Financial Group (NASDAQ: SIVB) could have a ripple effect on the technology and biotech industries, the two largest sectors that had deposits and financial relationships with the company’s Silicon Valley Bank.
Cohu (NASDAQ:COHU) reported quarterly earnings of $0.70 per share which beat the analyst consensus estimate of $0.60 by 16.67 percent. This is a 2.78 percent decrease over earnings of $0.72 per share from the same period
Companies Reporting Before The Bell
• RELX (NYSE:RELX) is estimated to report earnings for its Fiscal Year 2022.
• Coca-Cola Europacific (NASDAQ:CCEP) is expected to report earnings for its Fiscal Year 2022.
Cohu, Inc. (NASDAQ:COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today announced a strategic collaboration with Chunghwa Precision Test Tech. Co., Ltd.
Pulled from Benzinga Pro data, Cohu (NASDAQ:COHU) posted Q3 earnings of $24.88 million, an increase from Q2 of 13.51%. Sales dropped to $206.69 million, a 4.85% decrease between quarters.