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Form 8-K · Current Report · Filed 2024-07-25

Teradyne, Inc. Reports Strong Q2 2024 Financial Results

Teradyne, Inc. reported financial results for Q2 2024, showing revenues of $730 million, up 7% YoY. GAAP EPS was $1.14 and non-GAAP EPS was $0.86. The company provided guidance for Q3 2024, expecting revenue between $680 million and $740 million with GAAP EPS of $0.62 to $0.82 and non-GAAP EPS of $0.66 to $0.86.

Filer
Teradyne Inc. TER · NASDAQ
Filed
Accession
0000950170-24-086252
CIK
0000097210
Signal
High impactTechnology

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat Raised Guidance
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$143.54

Next session

-11.9%

Since filing

+156.2%

Latest close

$367.69

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from TER reporting the same item, with the next session's move:

Exhibits (1)

About Teradyne Inc.

Teradyne Inc. is a leading technology company specializing in automatic test equipment and industrial automation solutions. Primarily, it designs, develops, and manufactures systems used to test semiconductors, wireless products, data storage devices, and complex electronics systems automotive applications utilize. Teradyne's key focus is on ensuring high-quality production, efficient testing, and improved yield for its clients, which include major semiconductor companies, electronics manufacturers, and automotive suppliers. By providing state-of-the-art testing systems, Teradyne supports industries to meet the increasing demand for reliable and high-performance products. Additionally, Teradyne is making significant strides in the industrial automation sector, providing collaborative and mobile robots to streamline manufacturing processes across various sectors, including consumer electronics, automotive, and industrial goods. This expansion into automation reflects its role in supporting the growing need for smart manufacturing solutions. Headquartered in North Reading, Massachusetts, Teradyne plays a crucial role in advancing production capabilities and technological innovation worldwide, contributing to the efficient operation of technology and manufacturing ecosystems.

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