Welcome to our dedicated page for Teradyne news (Ticker: TER), a resource for investors and traders seeking the latest updates and insights on Teradyne stock.
Teradyne, Inc. designs, develops, and manufactures automated test equipment and advanced robotics systems. Its news commonly covers Semiconductor Test, Product Test, and Robotics results; automated test platforms for semiconductors, electronics products, silicon photonics, co-packaged optics, AI accelerators, data-center networking, and ADAS semiconductors; and advanced robotics brands Universal Robots and Mobile Industrial Robots for manufacturing and warehouse automation.
Company updates also include quarterly financial results, cash dividends, product introductions such as Photon 100, industry-event demonstrations, manufacturing partnerships, and intellectual-property actions involving robotics software and automation technology.
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Teradyne, Inc. reported Q1 2023 revenue of $618 million, marking an 18% decline from $755 million in Q1 2022. Despite the drop, the earnings per share (EPS) met the mid-point of guidance, with a GAAP EPS of $0.50 and non-GAAP EPS of $0.55. The company returned $110 million to shareholders via share repurchases and dividends during the quarter. The revenue breakdown included $415 million from Semiconductor Test, $75 million from System Test, $39 million from Wireless Test, and $89 million from Robotics. Looking ahead, Teradyne forecasts Q2 2023 revenue between $625 million and $685 million, amid varying demand across sectors, particularly in automotive and industrial semiconductor tests. A conference call is scheduled for April 27, 2023, to discuss the results.
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