Teradyne Q1 2022 Earnings Report
Key Takeaways
Teradyne's Q1 2022 revenue reached $755 million, a 3% decrease from Q1 2021. GAAP EPS was $0.92, and non-GAAP EPS was $0.98. The company saw growth in Industrial Automation revenue, offsetting declines in Test revenue.
Revenue of $755 million in Q1'22, down 3% from Q1'21.
GAAP net income for the first quarter was $161.9 million, or $0.92 per diluted share.
On a non-GAAP basis, Teradyne’s net income in the first quarter was $169.0 million, or $0.98 per diluted share.
Industrial Automation revenue in Q1'22 grew 29% from Q1'21.
Teradyne
Teradyne
Teradyne Revenue by Segment
Forward Guidance
Guidance for the second quarter of 2022 is revenue of $780 million to $870 million, with GAAP net income of $0.96 to $1.25 per diluted share and non-GAAP net income of $1.00 to $1.29 per diluted share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income