On July 27 2023, TERADYNE ($NASDAQ:TER) released its fiscal year 2023 second quarter results, which reported a total revenue of USD 684.4 million, a decline of 18.6% compared to the same quarter in the prior year. Net income was USD 120.0 million, representing a decrease of 39.3% year-over-year.
GoodWhale conducted an analysis of TERADYNE‘s fundamentals and based on their Star Chart, the company is strong in assets, dividends, and profitability, and medium in growth. From this, they have concluded that TERADYNE is classified as a ‘cow’ type of company. This means that it has a track record of paying out consistent and sustainable dividends, making it an attractive option for investors. Furthermore, TERADYNE has a high health score of 10/10 with regard to its cashflows and debt, which gives it the ability to sustain future operations even in times of crisis. As a result, TERADYNE is an ideal choice for investors who seek consistent dividend payouts and are looking for a sustainable company. More…
Risk Rating Analysis
Star Chart Analysis
About the Company
Ownership (Institutional/ Fund Holdings)
Below shows the total revenue, net income and net margin for Teradyne. TERADYNE_Reports_18.6_Revenue_Decline_in_Q2_FY2023″>More…
Income Statement Reports (Yearly/ Quarterly/ LTM)
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Teradyne. TERADYNE_Reports_18.6_Revenue_Decline_in_Q2_FY2023″>More…
Cash Flow Statement (Yearly/ Quarterly/ LTM)
Cash Flow Supplement
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Teradyne. TERADYNE_Reports_18.6_Revenue_Decline_in_Q2_FY2023″>More…
Balance Sheet (Yearly/ Quarterly)
Balance Sheet Supplement
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Key Ratios Snapshot
Some of the financial key ratios for Teradyne are shown below. TERADYNE_Reports_18.6_Revenue_Decline_in_Q2_FY2023″>More…
Income Statement Ratios
Balance Sheet Ratios
Cash Flow Ratios
Other Supplementary Items
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The competition between Teradyne Inc and its competitors is fierce. Lam Research Corp, Taiwan Semiconductor Manufacturing Co Ltd, and Apple Inc are all major players in the market. Teradyne Inc has been able to stay ahead of the competition by innovating and developing new products.
Lam Research Corporation is an American company that manufactures semiconductor processing equipment used in the fabrication of integrated circuits. The company was founded in 1980 and is headquartered in Fremont, California. Lam Research has a market capitalization of $51.81 billion as of March 2021 and a return on equity of 54.63%. The company’s products are used in a variety of applications, including memory chips, microprocessors, and graphics processors.
– Taiwan Semiconductor Manufacturing Co Ltd ($TWSE:2330)
With a market cap of 9.75T as of 2022, Taiwan Semiconductor Manufacturing Co Ltd is one of the largest companies in the world. The company’s return on equity is 22.34%, meaning that it generates a significant amount of profit for shareholders. Taiwan Semiconductor Manufacturing Co Ltd is a leading provider of semiconductor manufacturing services and one of the largest manufacturers of semiconductors in the world. The company’s products are used in a wide range of electronic devices, including computers, mobile phones, and consumer electronics.
Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. The company’s products and services include iPhone, iPad, Mac, iPod, Apple Watch, Apple TV, a portfolio of consumer and professional software applications, iCloud, and iTunes. Founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple was incorporated as Apple Computer, Inc., in 1977. The word “Computer” was removed from the company’s name in 2007, as its traditional focus on personal computers shifted towards consumer electronics.
TERADYNE‘s second quarter earnings results for FY2023 show a decline in total revenue and net income. Total revenue was USD 684.4 million, a decrease of 18.6% year over year, while net income decreased by 39.3%. As a result, the stock price went down on the day of the announcement.
Although these results appear to indicate a period of difficulty for TERADYNE, investors should evaluate the company’s future prospects when making a decision to invest. Factors to consider when making an investing analysis include the company’s competitive position in the market, operating margins, and any potential catalysts that could drive future growth.