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Mar 31, 2024
Teradyne Q1 2024 Earnings Report
Teradyne's Q1 2024 financial performance was reported, demonstrating revenue and earnings exceeding the high-end of guidance.
Key Takeaways
Teradyne reported Q1 2024 revenue of $600 million, a 3% decrease compared to Q1 2023. Despite weakness in mobility, the company's performance was driven by strong memory and networking demand related to AI applications and in-line robotics shipments. GAAP EPS was $0.40, and non-GAAP EPS was $0.51.
Revenue and earnings exceeded the high-end of Q1 guidance.
Q1 2024 revenue reached $600 million, down 3% year-over-year.
Memory test experienced strong year-over-year growth, offsetting mobility softness.
AI-driven demand and robotics shipments supported revenue and earnings.
Revenue by Segment
Forward Guidance
Teradyne anticipates Q2 2024 revenue between $665 million and $725 million, with GAAP net income per diluted share of $0.90 to $1.10 and non-GAAP net income per diluted share of $0.64 to $0.84.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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