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Teradyne Q3 Non-GAAP Earnings, Revenue Increase; Q4 Outlook Set -- Shares Rise
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Teradyne Q3 Non-GAAP Earnings, Revenue Increase; Q4 Outlook Set -- Shares Rise
Oct 30, 2024 11:07 PM

05:35 PM EDT, 10/23/2024 (MT Newswires) -- Teradyne ( TER ) reported Q3 non-GAAP earnings late Wednesday of $0.90 per diluted share, up from $0.80 per share a year earlier.

Analysts polled by Capital IQ expected $0.79.

Net revenue for the quarter ended Sept. 29 increased to $737.3 million from $703.7 million a year earlier. Analysts surveyed by Capital IQ expected $715.6 million.

For Q4, the company said it expects non-GAAP EPS of $0.80 to $0.97 on revenue of $710 million to $760 million. Analysts polled by Capital IQ expect normalized EPS of $0.88 on revenue of $736.3 million.

Teradyne ( TER ) shares were up 4% in after-hours activity.

Price: 129.15, Change: +4.72, Percent Change: +3.79

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