TERADYNE Delivers Record Quarter With Non-GAAP EPS and Revenue Exceeding Expectations

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TERADYNE ($NASDAQ:TER), a leading provider of automated test equipment, has delivered record results for their most recent quarter. Non-GAAP Earnings Per Share of $0.55 exceeded expectations by $0.11, while Revenue of $618M surpassed estimates by $14.97M. TERADYNE is a publicly traded company on the NASDAQ, specializing in the design, manufacture, and sale of automated test equipment used to test semiconductor integrated circuits, circuit boards, and systems. They serve the consumer electronics, industrial products, automotive electronics and medical device industries.

Share Price

TERADYNE (NYSE: TER) delivered a strong quarter with non-GAAP EPS and Revenue exceeding expectations. On Wednesday, TERADYNE stock opened at $94.8 and closed at $93.3, down by 1.1% from prior closing price of 94.4. This was despite the company’s strong performance during the quarter and exceeding analyst estimates. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Teradyne. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Teradyne. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Teradyne. More…

Key Ratios Snapshot

Some of the financial key ratios for Teradyne are shown below. More…

Analysis

At GoodWhale, we are proud to provide users with a detailed analysis of TERADYNE‘s financials. Our Risk Rating system rates TERADYNE as a medium risk investment, taking into account both financial and business aspects. We have also detected 1 risk warning in their balance sheet which users can check out if they register on our website. GoodWhale provides users with a comprehensive overview of the company’s financials, helping them make informed decisions when considering investments. More…

Peers

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 Corp ($NASDAQ:LRCX)

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 ($NASDAQ:AAPL)

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.

Summary

In addition, Teradyne’s other businesses such as industrial automation and robotics products also saw a significant increase in demand during the quarter.