Teradyne Stock Price, News & Analysis

Teradyne (NASDAQ:TER) and Infineon Technologies have announced a strategic partnership to advance power semiconductor testing. The agreement includes Teradyne's acquisition of Infineon's automated test equipment team in Regensburg, Germany, comprising 80 employees.

Through this partnership, Teradyne will enhance its ETS product portfolio and accelerate its roadmap in the power semiconductor segment. The acquisition provides mutual benefits: Teradyne gains additional resources and expertise while collaborating with a key market leader, while Infineon secures continued manufacturing support and enhanced flexibility for specialized test equipment needs.

The partnership will focus on advancing test capabilities for new technologies like silicon carbide and gallium nitride, addressing dynamic test challenges at scale. Teradyne has committed to maintaining and building upon the capabilities of the Regensburg team as part of its Power Semiconductor business unit.

Teradyne (NASDAQ:TER) reported strong Q4 2024 results with revenue of $753 million, up 12% from Q4'23, driven by robust AI-related demand. The Semiconductor Test segment contributed $561 million, while Robotics added $98 million. GAAP EPS reached $0.90, and non-GAAP EPS was $0.95.

For full-year 2024, the company achieved revenue of $2.82 billion with GAAP EPS of $3.32. Q4 performance exceeded expectations in Mobile and Auto/Industrial sectors. Looking ahead to 2025, Teradyne expects revenue acceleration and plans to strategically realign its Robotics business. The company provided Q1 2025 guidance with revenue between $660-700 million and non-GAAP EPS of $0.58-0.68.

Teradyne (NASDAQ:TER) has announced a quarterly cash dividend of $0.12 per share. The dividend will be paid on March 14, 2025, to shareholders who are recorded as owners of TER stock at the close of business on February 14, 2025.

Teradyne Robotics, a division of Teradyne (NASDAQ:TER), has announced a strategic partnership with Analog Devices (ADI) to accelerate advanced robotics development. The collaboration combines Teradyne's Universal Robots (UR) and Mobile Industrial Robots (MiR) with ADI's system-level electronics expertise to address key semiconductor market challenges.

The partnership aims to enhance safety, efficiency, and optimize fabrication operations through automation, targeting issues like repetitive tasks, manufacturing downtime, workforce shortages, and space constraints. The collaboration will focus on integrating ADI's technologies into Teradyne Robotics' products and implementing edge-based AI and machine learning, particularly for semiconductor industry applications.

Teradyne (NASDAQ: TER) has scheduled the release of its fourth quarter and full year 2024 financial results on Wednesday, January 29, 2025, after 5:00 p.m. ET. The company will host a conference call to discuss these results and provide management's business outlook on Thursday, January 30, 2025, at 8:30 a.m. ET.

Investors can access the webcast through the company's investor relations website at investors.teradyne.com/events-presentations. Presentation materials will be made available at the start of the call, and a replay will be accessible on the company's investor website.

Universal Robots (UR) announces Collaborate North America 2025, the nation's largest cobot conference and tradeshow, scheduled for January 28, 2025, in Novi, Michigan. This free, one-day event will gather over 500 manufacturing professionals, featuring 30+ cobot-powered solution demonstrations across various applications. The event showcases the rapidly growing cobot market, projected at 20%+ growth through 2028.

Notable speakers include UR's Chief Commercial Officer Stacey Moser, MIT's Executive Director Ben Armstrong, The Manufacturing Millennial Jake Hall, and A3's VP Alex Shikany. The conference will focus on automation innovations, AI applications, and industry trends, with demonstrations from UR+ ecosystem partners including A.I Automation, Schmalz, Magswitch, and others.

MiR announces the MC600 mobile collaborative robot, integrating the MiR600 autonomous mobile robot with Universal Robots' UR20/UR30 cobot arms. The system can handle payloads up to 600 kg (1322 lbs) and is designed for tasks like palletizing, box handling, and machine tending. Building on the MC250's success, the MC600 features extended reach capabilities and operates through a unified software platform by Enabled Robotics. The global mobile cobots market is projected to grow 46% annually by 2030. The MC600 aims to improve productivity and workplace ergonomics while reducing worker strain in industrial environments.

Teradyne (NASDAQ:TER) has announced two significant shareholder returns initiatives. The company declared a quarterly cash dividend of $0.12 per share, scheduled for payment on December 18, 2024, to shareholders of record as of November 25, 2024. Additionally, Teradyne has expanded its share repurchase plans, committing to buy back up to an additional $100 million of common stock in 2024. This increase is part of their previously announced $2 billion share repurchase program and exceeds their initial plan to only offset dilution from equity compensation and employee share programs.

Teradyne (TER) reported strong Q3 2024 results with revenue reaching $737 million, up 5% from Q3'23, driven by strong AI-related demand. The company's Semiconductor Test segment generated $543 million, while System Test, Wireless Test, and Robotics contributed $73 million, $33 million, and $89 million respectively. GAAP EPS was $0.89, and Non-GAAP EPS reached $0.90. The company's Memory revenue hit record levels, boosted by High Bandwidth Memory demand for AI applications. For Q4 2024, Teradyne guides revenue between $710-760 million with GAAP EPS of $0.73-0.91 and non-GAAP EPS of $0.80-0.97.