Teradyne Stock Price, News & Analysis

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.

NORTH READING, Mass., Nov. 09, 2020 - Teradyne announced a quarterly cash dividend of $0.10 per share, set for payment on December 18, 2020. Shareholders of record on November 25, 2020 will receive the dividend. In 2019, Teradyne reported $2.3 billion in revenue and employs approximately 5,500 staff worldwide.

The company specializes in test solutions for semiconductors and automation, enhancing product quality and efficiency across various sectors.

Energid Technologies and Schilling Robotics have partnered to integrate Energid's Actin software into Schilling's GEMINI™ ROV System. This next-gen remotely operated vehicle is designed for deep-water oil and gas interventions, boasting a 4,000-meter depth capability and 30 subsea tools. The Actin SDK enhances manipulators' performance, enabling complex tasks more efficiently. The collaboration aims to improve operational effectiveness while supporting continuous subsea operations for up to one month. Energid, acquired by Teradyne in 2018, remains focused on advanced robotics solutions for various industries.

Teradyne has elected Peter Herweck to its Board of Directors, effective November 9, 2020. Herweck, an Executive Vice President at Schneider Electric, brings extensive experience in industrial automation and global enterprise leadership. His insights are expected to enhance Teradyne's strategic positioning in advanced industrial automation. The appointment reflects the company's ongoing commitment to innovation and leadership in the automation sector. Teradyne recorded a revenue of $2.3 billion in 2019 and currently employs 5,500 people worldwide.

Teradyne reported a strong Q3 2020, with revenue of $819 million, marking a 41% increase year-over-year. GAAP EPS rose 61% to $1.21, while non-GAAP EPS increased 53% to $1.18. The Semiconductor Test segment contributed $592 million to total revenue, driven by record memory and storage test shipments. Guidance for Q4 2020 anticipates revenue between $680 million and $740 million, expecting 58% growth in GAAP EPS for the full year. Teradyne's solid performance reflects robust demand in test markets and industrial automation.