Teradyne - TER STOCK NEWS

Teradyne, Inc. (NASDAQ: TER) will announce its financial results for Q2 2021 on July 27, 2021, at 5:00 p.m. ET. Following this, a conference call discussing the results and management's outlook is scheduled for July 28, at 8:30 a.m. ET. Interested investors can join the webcast via the company’s investor site. In 2020, Teradyne reported revenues of $3.1 billion and employs 5,600 people globally. For further information, visit teradyne.com.

Teradyne, Inc. (NASDAQ:TER) has announced the election of Paul Tufano as the new Chair of the Board, succeeding Roy Vallee, who has retired. Tufano has been a board member since 2005 and was previously CEO of Benchmark Electronics. Mark Jagiela, President and CEO, praised Tufano's leadership in guiding Teradyne's transformation over 15 years. Teradyne specializes in advanced test solutions and industrial automation, with reported revenue of $3.1 billion in 2020 and approximately 5,500 employees globally.

Teradyne, Inc. (NASDAQ: TER) announced a quarterly cash dividend of $0.10 per share, to be paid on June 18, 2021, to shareholders of record by the close of business on May 26, 2021. In 2020, the company generated $3.1 billion in revenue and employs 5,500 people globally. Teradyne specializes in providing advanced testing solutions for a variety of technologies and offers industrial automation products, including collaborative robots aimed at enhancing productivity. Forward-looking statements regarding dividends and financial performance are subject to board approval.

Teradyne, Inc. (NASDAQ: TER) reported Q1 2021 revenue of $782 million, marking an 11% increase from Q1 2020. Semiconductor Test revenue was $528 million, while Industrial Automation grew 33% year-over-year. Q2 2021 guidance projects revenue between $1,010 million and $1,090 million, anticipating GAAP net income per share of $1.48 to $1.68. The company sees strong demand in automotive and industrial sectors and expects continued growth in both test and automation businesses.

Teradyne, Inc. (NASDAQ: TER) will announce its first quarter 2021 financial results on April 27, 2021, at 5:00 p.m. ET. A subsequent conference call for investors will take place on April 28, 2021, at 8:30 a.m. ET, where management will discuss the results and provide business outlook.

Investors can access the webcast by visiting investors.teradyne.com/events-presentations.

Teradyne reported a Q4 2020 revenue of $759 million, reflecting a 16% increase year-over-year. The full year revenue grew by 36% to $3.121 billion. GAAP EPS reached $1.05, up from $0.69 in Q4 2019, while Non-GAAP EPS rose to $1.10. The company announced a $2 billion share repurchase program, aiming to buy back at least $600 million worth of shares in 2021. Guidance for Q1 2021 suggests revenue between $720 million and $780 million, with GAAP EPS expected between $0.86 and $1.00.

Teradyne, Inc. (NASDAQ: TER) will announce its financial results for Q4 and the full year 2020 on January 27, 2021, at 5:00 PM ET. Following the financial release, a conference call discussing the results and business outlook will take place on January 28, 2021, at 8:30 AM ET. Interested investors can access the webcast via the company's investor relations website. A replay of the call will be available thereafter. In 2019, Teradyne reported revenues of $2.3 billion and employs approximately 5,500 people globally.

Teradyne (NASDAQ:TER) announced a successful partnership with AI chip company Syntiant Corp., enabling the shipment of millions of low-power Neural Decision Processors (NDPs) globally. Syntiant’s NDP100 and NDP101 chips, designed for battery-powered edge devices, leverage advanced AI capabilities while consuming minimal power. Utilizing Teradyne's UltraFLEX testing platform, Syntiant accelerated its production ramp, aiming for high efficiency and rapid market entry. The collaboration highlights Teradyne’s commitment to providing innovative testing solutions in the semiconductor industry.

Teradyne (NASDAQ:TER) announced the retirement of Roy Vallee as Chairman of the Board, effective at the upcoming 2021 annual meeting of shareholders in May. Vallee has been a vital member of the Board for over 20 years, with the last six years as Chair. Teradyne's President and CEO, Mark Jagiela, praised Vallee's leadership and contributions to the company's growth during his tenure. The Board will select a new Chair after the annual meeting, marking a significant transition in leadership for the company.