Teradyne Q4 2022 Earnings Report
Key Takeaways
Teradyne reported Q4 2022 revenue of $732 million, a decrease of 17% compared to Q4 2021. GAAP EPS was $1.04, and non-GAAP EPS was $0.92. The results exceeded expectations due to increased shipments of Eagle products and stronger demand for UR cobots.
Q4 2022 revenue was $732 million, down 17% year-over-year.
GAAP EPS for Q4 2022 was $1.04, compared to $1.26 in Q4 2021.
Non-GAAP EPS for Q4 2022 was $0.92, compared to $1.37 in Q4 2021.
The company expects to repurchase up to $500 million in shares in 2023.
Teradyne
Teradyne
Teradyne Revenue by Segment
Forward Guidance
For the first quarter of 2023, Teradyne expects revenue between $550 million and $630 million, GAAP net income per diluted share between $0.26 and $0.49, and non-GAAP net income per diluted share between $0.28 and $0.52.
Revenue & Expenses
Visualization of income flow from segment revenue to net income