Industrial electronics maker Cohu Inc. reported a net loss of $2.7 million on net sales of $68.1 million for the first quarter of 2015. Sales were up 5 percent from the $64.9 million reported during the same quarter last year. The business posted a $3.4 million loss in the first quarter of 2014.
Poway-based Cohu (Nasdaq: COHU) makes semiconductor test equipment. Mobile microwave communications gear makes up a minor part of its business.
Cohu, in an April 30 news release, also said that its board OK’d a quarterly cash dividend of 6 cents per share, payable on July 31 to shareholders of record on June 19.
Cohu also announced that top executives plan to present at two investor conferences — put together by Jefferies and B. Riley & Co. — in the middle of May. The company said its investor slide presentation would be available on the Web beginning May 13.