Teradyne Q1 2020 Earnings Report
Key Takeaways
Teradyne reported a strong first quarter with revenue of $704 million, a 43% increase from Q1 2019. The company's test revenue grew 50% year-over-year, while Industrial Automation revenue declined 9% due to global manufacturing weakness. The company has suspended its share repurchase program.
Revenue of $704 million in Q1 2020, growth of 43% from Q1 2019
Test revenue grew 50% from Q1 2019
Industrial Automation revenue declined 9% from Q1 2019 on global manufacturing weakness
Share repurchase program suspended as of April 1, 2020
Teradyne
Teradyne
Teradyne Revenue by Segment
Forward Guidance
Teradyne's guidance for the second quarter of 2020 is revenue of $690 million to $800 million, with GAAP net income of $0.76 to $1.05 per diluted share and non-GAAP net income of $0.86 to $1.16 per diluted share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income