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.
Teradyne, Inc. (NASDAQ: TER) has announced that it will release its financial results for the first quarter of 2023 on April 26, 2023, at 5:00 p.m. Eastern Time. This update corrects a previous mention of the fourth quarter results. A conference call to discuss these results alongside management's business outlook is scheduled for April 27, 2023, at 8:30 a.m. ET.
Interested investors can access the webcast at least five minutes before the call begins. Replay options will be available on the Teradyne website post-event. In 2022, Teradyne reported a revenue of $3.2 billion and currently employs over 6,600 individuals globally, delivering advanced test solutions across various industries.
Teradyne, Inc. (NASDAQ: TER) plans to release its first quarter 2023 financial results on April 26, 2023, at 5:00 p.m. ET. A subsequent conference call will take place on April 27, 2023, at 8:30 a.m. ET, where management will discuss quarterly results and provide a business outlook.
Investors can access the live webcast through the company's investor relations website. Presentation materials will be available at the same time. A replay of the call will also be accessible on Teradyne's website shortly after the event concludes.
In 2022, Teradyne reported revenues of $3.2 billion and employs over 6,600 people worldwide, focusing on advanced test technologies and robotics that enhance manufacturing efficiency.
Crane Holdings, Co. (NYSE: CR) is set to become an independent company named Crane NXT on April 3, 2023, following a successful separation transaction. The company appointed Paul G. Igoe as Senior Vice President, General Counsel, and Secretary, effective March 20, 2023. Igoe, previously with SS&C Technologies and Teradyne, brings extensive experience in the industrial technology sector. Crane NXT will focus on growth strategies in security and authentication technologies. Shareholders will retain 100% equity in both the new Crane NXT and the remaining Crane Company post-separation.
Universal Robots reported Q4 2022 revenue of USD 85 million, leading to an annual total of USD 326 million—a 5% increase from 2021. Constant currency growth was at 12%. Despite challenges from a difficult macroeconomic environment and exchange rate fluctuations, the company has achieved its highest annual revenue to date. The demand for automation is expected to grow, prompting the company to invest in areas like welding and palletizing. Universal Robots launched the new UR20 collaborative robot, further expanding its market presence.
Teradyne reported Q4 2022 revenue of $732 million, a 17% decline from Q4 2021, while FY 2022 revenue of $3,155 million fell 15% year-over-year. Q4 2022 GAAP EPS was $1.04 and non-GAAP EPS was $0.92. Test revenue decreased 17% in FY 2022, although Industrial Automation revenue increased by 7% in dollar terms. The company anticipates share repurchases of $500 million in 2023 and expects Q1 2023 revenue between $550 million and $630 million. Despite expected near-term demand declines in Semiconductor and Storage Test markets, long-term demand drivers remain intact. A quarterly dividend of $0.11 per share is scheduled for March 17, 2023.
Teradyne, Inc. (NASDAQ: TER) is set to release its financial results for Q4 and the full year 2022 on January 25, 2023, at 5:00 p.m. ET. A subsequent conference call will take place on January 26, 2023, at 8:30 a.m. ET to discuss these results and the management's outlook for the business. Investors can access the call via the company's investor website. In 2021, Teradyne achieved revenues of $3.7 billion and employs over 6,500 people globally, providing essential test solutions and automation technologies to improve product performance and manufacturing efficiency.
Teradyne has appointed Gregory Smith as its new CEO, effective February 1, 2023, succeeding Mark E. Jagiela. Smith, currently the President of the company, has a long history with Teradyne, having held various management roles, including President of the Semiconductor Test Division and the Industrial Automation Group. Jagiela, who has been with the company for over 40 years, will retire at the same time. The board praised Jagiela's leadership in enhancing financial performance and expanding into the Industrial Automation market.
Teradyne (NASDAQ: TER) announced a quarterly cash dividend of $0.11 per share, to be paid on December 21, 2022. Shareholders recorded as of November 28, 2022 will receive this dividend. In 2021, Teradyne generated $3.7 billion in revenue and employed over 6,500 people worldwide, specializing in advanced test solutions and industrial automation. The company focuses on enhancing productivity through innovative technologies in various sectors.
Teradyne, Inc. (NASDAQ:TER) announced the election of Ernest E. Maddock to its Board of Directors, effective November 14, 2022. Maddock, who was also appointed to the Audit Committee, brings over 35 years of experience in the technology sector, including a role as CFO at Micron Technology. His extensive background in semiconductors and advanced sensor technologies aligns with Teradyne's growth strategy, enhancing the company's leadership in industrial automation and innovative testing solutions.
Teradyne, Inc. (NASDAQ: TER) reported Q3 2022 revenue of $827 million, exceeding the mid-point of prior guidance. Revenue from Semiconductor Test was $576 million, while Industrial Automation saw a 2% decline year-over-year. GAAP net income was $183.5 million or $1.10 per diluted share. For Q4 2022, the company forecasts revenue between $670 million to $750 million and GAAP earnings between $0.59 to $0.84 per diluted share. The outlook reflects mixed demand in semiconductor testing, with automotive remaining strong, while industrial automation faces headwinds.