Teradyne Q2 2022 Earnings Report
Key Takeaways
Teradyne reported revenue of $841 million for the second quarter of 2022, with GAAP EPS of $1.16 and non-GAAP EPS of $1.21. The company's results were above the midpoint of its guidance, driven by strong test group shipments, despite supply shortages and slowing industrial automation growth.
Revenue and earnings above the mid-point of Q2 guidance
System Test, Wireless Test and Industrial Automation revenues grew compared with Q2’21 while Semiconductor Test declined consistent with guidance
Automotive and memory test demand strong while mobility and compute related demand softening
Industrial Automation growth slowing
Teradyne
Teradyne
Teradyne Revenue by Segment
Forward Guidance
Guidance for the third quarter of 2022 is revenue of $760 million to $840 million, with GAAP net income of $0.86 to $1.12 per diluted share and non-GAAP net income of $0.90 to $1.16 per diluted share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income