Financial Performance - Teradyne's strong second-quarter results led S&P 500 advancers [1] Industry Dynamics - Semiconductor Test Group led the gains for Teradyne [1]

Core Insights - Teradyne (TER) reported second-quarter 2025 non-GAAP earnings of 57 cents per share, exceeding the Zacks Consensus Estimate by 5.56% but down 33.7% year over year [1] - Revenues for the quarter were $652 million, surpassing the Zacks Consensus Estimate by 0.89% but declining 10.7% year over year [1] Revenue Breakdown - Revenue from Semiconductor Test platforms was $492 million (75.5% of total revenues), System Test business generated $75 million (11.5%), and Robotics and Product Test contributed $85 million (13%) [2] Margin and Expenses - Non-GAAP gross margin for the quarter was 57.3%, a contraction of 110 basis points year over year [2] - Selling and administrative expenses rose 2.1% year over year to $157.8 million, accounting for 24.2% of revenues, an increase of 300 basis points [3] - Engineering and development expenses increased 5.9% year over year to $118.4 million, representing 18.2% of revenues, up 280 basis points [3] Operating Income - Non-GAAP operating income fell 38.5% year over year to $98.2 million, with the operating margin contracting 680 basis points to 15.1% [4] Balance Sheet and Cash Flow - As of June 29, 2025, Teradyne's cash and cash equivalents were $367.9 million, down from $507.8 million as of March 30, 2025 [5] - Net cash provided by operating activities in the reported quarter was $182.1 million [5] - The board authorized an expansion of the share repurchase program, increasing the target to $1 billion by the end of 2026 [5] Q3 Guidance - For Q3 2025, Teradyne expects revenues between $710 million and $770 million, with the Zacks Consensus Estimate at $764.4 million, indicating 3.7% growth year over year [6] - Non-GAAP earnings are projected to be between 69 cents and 87 cents per share, with the Zacks Consensus Estimate at 91 cents per share, suggesting 1.1% growth year over year [7] Zacks Rank and Comparisons - Teradyne currently holds a Zacks Rank 3 (Hold) [8] - Comparatively, Arista Networks (ANET) has a Zacks Rank 1 (Strong Buy), while Leidos (LDOS) and Enovix Corporation (ENVX) hold Zacks Rank 2 (Buy) [8]

周三，泰瑞达(TER.US)大涨超18%，创4个月新高，报107.11美元。消息面上，泰瑞达第二季度业绩超 出分析师预期，主要得益于强劲的半导体测试设备销售和需求改善。该公司第二季度利润为7840万美 元，即每股收益49美分，而去年同期为1.863亿美元，即每股收益1.14美元。剔除某些一次性项目后，调 整后每股收益为57美分，高于FactSet分析师预测的54美分。营业收入下降11%至6.518亿美元，FactSet 调查的分析师预测营业收入为6.506亿美元。 首席执行官Greg Smith表示，泰瑞达的半导体测试业务表现优于预期，销售额达到4.92亿美元。其针对 人工智能应用设计的系统级芯片产品是最大的增长驱动力。对今年剩余时间的展望已经明朗，计算、网 络和存储领域的需求正在增强。"我们认为人工智能将推动泰瑞达在下半年实现强劲表现。"Smith说。 ...

Core Viewpoint - Teradyne (TER.US) experienced a significant stock increase of over 18%, reaching a four-month high of $107.11, driven by strong second-quarter performance exceeding analyst expectations, particularly in semiconductor testing equipment sales and improved demand [1] Financial Performance - Teradyne reported a second-quarter profit of $78.4 million, or $0.49 per share, compared to $186.3 million, or $1.14 per share, in the same period last year [1] - Adjusted earnings per share, excluding certain one-time items, were $0.57, surpassing FactSet analyst predictions of $0.54 [1] - Revenue declined by 11% to $651.8 million, slightly above the $650.6 million forecast by analysts [1] Business Segment Insights - The semiconductor testing business outperformed expectations, generating sales of $492 million, with system-on-chip products designed for artificial intelligence applications being the primary growth driver [1] - The outlook for the remainder of the year is positive, with increasing demand in computing, networking, and storage sectors [1] - The CEO, Greg Smith, emphasized that artificial intelligence is expected to drive strong performance for Teradyne in the second half of the year [1]

Financial Data and Key Metrics Changes - In Q2, the company reported sales of $652 million and a non-GAAP EPS of $0.57, both above the midpoint of guidance ranges [19][20] - Non-GAAP gross margins were 57.3%, consistent with guidance, while non-GAAP operating expenses were $275 million, reflecting increased R&D investments [20][24] - Free cash flow for the quarter was $132 million, with $117 million used for share repurchases and $19 million for dividends [24][25] Business Line Data and Key Metrics Changes - Semi Test revenue was $492 million, with SoC revenue contributing $397 million, memory at $61 million, and IST at $34 million [21] - IST revenue more than doubled year-over-year, driven by HDD and mobile SLT testers [12][21] - Robotics revenue was $75 million, up quarter-over-quarter but down year-over-year, with expectations of continued weak market conditions [23] Market Data and Key Metrics Changes - Demand in AI compute is strengthening, with expectations that it will be the dominant driver of SoC business in the second half of 2025 [9][14] - The mobile segment is expected to see modest growth, primarily driven by new technology advancements in 2026 [15][16] - The automotive and industrial markets are stabilizing at low levels, with some strength in power semiconductors for data center build-outs [16] Company Strategy and Development Direction - The company is focusing on AI, verticalization, and electrification as primary growth drivers, with a strategic pivot towards large customers in robotics [9][13] - An acquisition of Quantify Photonics was completed to enhance capabilities in AI compute testing [13][19] - Plans to open a manufacturing operation in the U.S. to better serve regional customers are underway [14][40] Management's Comments on Operating Environment and Future Outlook - Management expressed increased confidence in demand trends for AI compute, with improved visibility and utilization rates [17][29] - The second half of 2025 is expected to be stronger than the first half, driven by AI-related revenue [29] - There is optimism regarding the long-term growth drivers of AI, electrification, and verticalization trends [29] Other Important Information - The company expects Q3 sales to be between $710 million and $770 million, with gross margins projected at 56.5% to 57.5% [25] - A significant customer accounted for more than 10% of revenue in Q2 [24] Q&A Session Summary Question: Outlook and Demand Trends - The company noted that the positive outlook is due to an uptick in demand, primarily in AI compute, with expectations for continued growth into Q4 [31][32] Question: Robotics Business and Manufacturing - Management discussed the establishment of a U.S. manufacturing facility to enhance supply chain resilience, with significant growth expected in 2026 [40][41] Question: Mobile Market Recovery - There is cautious optimism regarding the mobile market, with potential improvements expected in 2026 due to increased complexity and new technology [43][45] Question: AI Compute Business Size - AI compute was approximately 20% of SoC revenue in Q2, with expectations for significant growth in the back half of the year [60][61] Question: GPU Testing Opportunities - The company is optimistic about entering the GPU testing market, with expectations for modest contributions in 2026 and potential growth over time [58][76] Question: HBM Memory Market Outlook - Management clarified that the memory market outlook remains stable, with expectations for increased demand for HBM in Q4 [84][85]

Financial Data and Key Metrics Changes - In Q2, the company reported sales of $652 million and a non-GAAP EPS of $0.57, both above the midpoint of guidance ranges [17] - Non-GAAP gross margins were 57.3%, consistent with guidance, while non-GAAP operating expenses were $275 million, reflecting increased R&D investments [18] - Free cash flow for the quarter was $132 million, with $117 million in share repurchases and $19 million in dividends paid [22] Business Line Data and Key Metrics Changes - Semi Test revenue was $492 million, with SoC revenue contributing $397 million, memory at $61 million, and IST at $34 million [19] - The IST revenue more than doubled year-over-year, driven by HDD and mobile SLT testers [12] - Robotics revenue was $75 million, up quarter-over-quarter but down year-over-year, with expectations of continued weak market conditions [21] Market Data and Key Metrics Changes - Demand in AI compute is strengthening, with expectations that it will dominate the SoC business in the second half of 2025 [8] - The mobile segment is expected to see modest growth, primarily driven by the ramp of two-nanometer technology and new AI applications in smartphones [15] - The automotive and industrial markets remain cautious, but there are areas of strength, particularly in power semiconductors for data centers [15] Company Strategy and Development Direction - The company is focusing on AI, verticalization, and electrification as primary growth drivers, with AI compute expected to be a significant contributor [8] - An acquisition of Quantify Photonics was completed to enhance capabilities in silicon photonics testing, aligning with the strategy to gain share in AI compute [13] - A new manufacturing operation is planned in the U.S. to better serve large customers, indicating a pivot towards larger customer bases [14] Management's Comments on Operating Environment and Future Outlook - Management expressed increased confidence compared to three months ago, citing improved demand trends in AI compute and better visibility [16] - The second half of 2025 is expected to be stronger than the first half, driven by AI compute and memory [26] - There is optimism about the long-term growth drivers of AI, electrification, and verticalization trends [26] Other Important Information - The company expects Q3 sales to be between $710 million and $770 million, with gross margins projected at 56.5% to 57.5% [23] - The tax rate for Q3 is expected to be 16.3% due to new tax legislation [24] Q&A Session Summary Question: Outlook and Growth Drivers - The company noted that the positive outlook is primarily due to increased demand in AI compute, with expectations for growth continuing into Q4 [29] - Many of the current wins are from programs initiated in 2024, with more opportunities anticipated for 2026 [31] Question: Robotics Business and Manufacturing - The establishment of a U.S. manufacturing facility is aimed at enhancing supply chain resilience and is expected to be a significant growth driver in 2026 [36] - The revenue impact from this opportunity is not expected to be material in 2025 but will be significant in 2026 [37] Question: Mobile Market and Complexity - The company is optimistic about the mobile market due to increased complexity and new packaging technologies, which may lead to better performance in 2026 [40] Question: AI Compute Business Size - AI compute was approximately 20% of the SoC revenue in Q2, with expectations for significant growth in the back half of the year [58] Question: GPU Testing Opportunities - The company is optimistic about entering the GPU testing market but has not secured any wins yet; success will depend on proving test capabilities [86]

Q2 2025 Financial Performance - Revenue for Q2 2025 was $652 million[4, 5, 10, 14, 18], exceeding the mid-point of guidance[10, 18] - Non-GAAP gross margin was 57.3%[4, 6, 12, 14], above the mid-point of guidance[8] - Non-GAAP EPS was $0.57[4, 7, 9, 10, 14, 18], also exceeding the mid-point of guidance[10, 18] - The company repurchased 1.5 million shares for $119 million, at an average price of approximately $80 per share[9] Business Unit Performance - Semiconductor Test sales were $492 million, down 12% year-over-year[9, 15] - Memory Test sales decreased 53% year-over-year[9, 15] - IST sales increased 98% year-over-year[12, 15] - Product Test sales were $85 million, up 7% year-over-year[9, 12, 15] - Robotics sales decreased 17% year-over-year but increased 9% quarter-over-quarter[9, 12, 15, 19] Q3 2025 Outlook - Revenue is expected to be between $710 million and $770 million[10, 17, 20] - Non-GAAP EPS is projected to range from $0.69 to $0.87[10, 17, 20] - The company anticipates a gross margin between 56.5% and 57.5%[12, 17, 21] - Operating expenses are expected to be between 36.5% and 38.5% of sales[12, 17, 21]

[Second Quarter 2025 Performance Overview](index=1&type=section&id=1.%20Second%20Quarter%202025%20Performance%20Overview) This section provides an overview of Teradyne's Q2 2025 financial results, CEO commentary, and Q3 2025 guidance [Q2 2025 Financial Highlights](index=1&type=section&id=1.1.%20Q2%202025%20Financial%20Highlights) Teradyne reported Q2 2025 revenue of $652 million, with GAAP EPS of $0.49 and Non-GAAP EPS of $0.57. Revenue was primarily driven by Semiconductor Test, Robotics, and Product Test segments | Metric | Q2'25 | Q2'24 | Q1'25 | | :--- | :--- | :--- | :--- | | Revenue (million) | $652 | $730 | $686 | | GAAP EPS | $0.49 | $1.14 | $0.61 | | Non-GAAP EPS | $0.57 | $0.86 | $0.75 | - Q2 2025 revenue breakdown: **$492 million** in Semiconductor Test, **$75 million** in Robotics, and **$85 million** in Product Test[1](index=1&type=chunk) [CEO Commentary and Business Outlook](index=1&type=section&id=1.2.%20CEO%20Commentary%20and%20Business%20Outlook) The CEO highlighted better-than-expected Q2 results, particularly in Semiconductor Test driven by AI applications. Improved visibility and strengthening demand in compute, networking, and memory are expected to lead to strong second-half performance, primarily driven by AI - The Semiconductor Test Group drove better than expected results in Q2 2025, with System-on-a-Chip (SOC) for **artificial intelligence applications** being the strongest growth driver[2](index=2&type=chunk) - Visibility into the remainder of the year has improved, and demand in compute, networking, and memory is strengthening[2](index=2&type=chunk) - **AI** is expected to drive strong second-half performance for Teradyne[2](index=2&type=chunk) [Third Quarter 2025 Guidance](index=1&type=section&id=1.3.%20Third%20Quarter%202025%20Guidance) Teradyne provided guidance for Q3 2025, projecting revenue between $710 million and $770 million, with GAAP EPS ranging from $0.62 to $0.80 and Non-GAAP EPS from $0.69 to $0.87 | Metric | Q3'25 Guidance (Low) | Q3'25 Guidance (High) | | :--- | :--- | :--- | | Revenue (million) | $710 | $770 | | GAAP Net Income per Diluted Share | $0.62 | $0.80 | | Non-GAAP Net Income per Diluted Share | $0.69 | $0.87 | [Company Information & Disclosures](index=2&type=section&id=2.%20Company%20Information%20%26%20Disclosures) This section details Teradyne's business, its use of non-GAAP financial measures, and a safe harbor statement regarding forward-looking information [About Teradyne](index=2&type=section&id=2.1.%20About%20Teradyne) Teradyne designs, develops, and manufactures automated test equipment for semiconductors and electronics, and advanced robotics systems including collaborative and mobile robots for manufacturing and warehouse operations - Teradyne's core business involves designing, developing, and manufacturing automated test equipment for semiconductors and electronics products[6](index=6&type=chunk) - The company's advanced robotics business includes collaborative robots and mobile robots supporting manufacturing and warehouse operations[6](index=6&type=chunk) [Non-GAAP Financial Measures](index=2&type=section&id=2.2.%20Non-GAAP%20Financial%20Measures) Teradyne uses non-GAAP results to complement GAAP, excluding items like acquired intangible asset amortization, restructuring, ERP expenses, and pension adjustments. These measures aim to provide supplemental information on baseline performance, aid operational decisions, and facilitate comparisons - Non-GAAP results exclude certain income items and charges such as acquired intangible assets amortization, restructuring and other, ERP related expenses, inventory step-up, pension mark-to-market adjustment, and discrete income tax adjustments[5](index=5&type=chunk) - Non-GAAP performance measures are presented to provide meaningful supplemental information regarding Teradyne's baseline performance before gains, losses, or other charges that may not be indicative of its current core business or future outlook[5](index=5&type=chunk) - These non-GAAP measures are used for operational decisions, employee compensation, forecasting, and comparison with business plans, historical results, and competitors[5](index=5&type=chunk) [Safe Harbor Statement](index=2&type=section&id=2.3.%20Safe%20Harbor%20Statement) This section cautions investors that the release contains forward-looking statements subject to risks and uncertainties, including macroeconomic factors, product demand, new product development, robotics business growth, R&D spending, supply chain issues, and geopolitical impacts. Actual results may differ materially - The release contains forward-looking statements regarding future business prospects, financial performance, and results of operations, identifiable by words like "anticipate," "expect," "plan," "believe," or "estimate"[7](index=7&type=chunk) - Investors are cautioned that such statements involve risks and uncertainties that could cause actual results to differ materially, including macroeconomic factors, decreased or delayed product demand, and slowdowns in new product development[7](index=7&type=chunk) - Additional risk factors include the ability to grow the Robotics business, impact of R&D spending, supply shortages, and geopolitical factors such as tariffs, export controls, and international conflicts[7](index=7&type=chunk)[8](index=8&type=chunk) [Condensed Consolidated Financial Statements (GAAP)](index=4&type=section&id=3.%20Condensed%20Consolidated%20Financial%20Statements%20(GAAP)) This section presents Teradyne's GAAP financial statements, including statements of operations, balance sheets, and cash flows for specified periods [Statements of Operations](index=4&type=section&id=3.1.%20Statements%20of%20Operations) The condensed consolidated statements of operations provide detailed GAAP financial performance for Q2 2025, Q1 2025, Q2 2024, and the six months ended June 29, 2025, and June 30, 2024. Key figures include net revenues, gross profit, operating expenses, income from operations, and net income | Metric (in thousands of USD) | Q2 2025 | Q1 2025 | Q2 2024 | 6 Months 2025 | 6 Months 2024 | | :--- | :--- | :--- | :--- | :--- | :--- | | Net revenues | $651,797 | $685,680 | $729,879 | $1,337,477 | $1,329,698 | | Gross profit | $373,012 | $415,336 | $425,844 | $788,349 | $765,126 | | Income from operations | $90,743 | $120,803 | $210,368 | $211,547 | $288,138 | | Net income | $78,372 | $98,896 | $186,273 | $177,269 | $250,470 | | Diluted EPS | $0.49 | $0.61 | $1.14 | $1.10 | $1.54 | | Cash dividend declared per common share | $0.12 | $0.12 | $0.12 | $0.24 | $0.24 | - Restructuring and other expenses for Q2 2025 were **$2.372 million**, significantly lower than Q1 2025 (**$14.515 million**), with employee severance primarily related to Robotics restructuring impacting approximately **150 employees** in Q1 2025[10](index=10&type=chunk)[12](index=12&type=chunk) - Teradyne sold its Device Interface Solution (DIS) business in Q2 2024 for **$85.0 million**, resulting in a gain on sale of business of **$(57.486) million** in Q2 2024[10](index=10&type=chunk)[12](index=12&type=chunk) [Balance Sheets](index=6&type=section&id=3.2.%20Balance%20Sheets) The condensed consolidated balance sheets present the company's financial position as of June 29, 2025, and December 31, 2024, detailing assets, liabilities, and shareholders' equity | Metric (in thousands of USD) | June 29, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Cash and cash equivalents | $339,252 | $553,354 | | Total current assets | $1,583,607 | $1,816,397 | | Total assets | $3,761,862 | $3,708,714 | | Total current liabilities | $675,265 | $624,579 | | Total liabilities | $924,561 | $889,420 | | Shareholders' equity | $2,837,301 | $2,819,294 | - Cash and cash equivalents decreased from **$553.354 million** at December 31, 2024, to **$339.252 million** at June 29, 2025[14](index=14&type=chunk) - Goodwill increased from **$395.367 million** at December 31, 2024, to **$520.470 million** at June 29, 2025[14](index=14&type=chunk) [Statements of Cash Flows](index=7&type=section&id=3.3.%20Statements%20of%20Cash%20Flows) The condensed consolidated statements of cash flows outline the cash generated and used by operating, investing, and financing activities for Q2 2025 and Q2 2024, as well as the six months ended June 29, 2025, and June 30, 2024 | Metric (in thousands of USD) | Q2 2025 | Q2 2024 | 6 Months 2025 | 6 Months 2024 | | :--- | :--- | :--- | :--- | :--- | | Net cash provided by operating activities | $182,088 | $216,069 | $343,726 | $223,348 | | Net cash used for investing activities | $(178,462) | $(481,067) | $(240,237) | $(505,087) | | Net cash used for financing activities | $(136,804) | $(22,606) | $(313,619) | $(59,274) | | Decrease in cash and cash equivalents | $(136,380) | $(285,499) | $(214,102) | $(335,667) | | Cash and cash equivalents at end of period | $339,252 | $421,904 | $339,252 | $421,904 | - Net cash provided by operating activities for the six months ended June 29, 2025, increased to **$343.726 million** from **$223.348 million** in the prior year period[15](index=15&type=chunk) - Net cash used for investing activities for Q2 2025 was **$(178.462) million**, a significant reduction from **$(481.067) million** in Q2 2024, primarily due to lower investments in businesses and proceeds from the sale of a business in the prior year[15](index=15&type=chunk) [GAAP to Non-GAAP Reconciliations](index=8&type=section&id=4.%20GAAP%20to%20Non-GAAP%20Reconciliations) This section provides detailed reconciliations between GAAP and non-GAAP financial measures for quarterly and six-month periods, including future guidance [Quarterly Earnings Reconciliation](index=8&type=section&id=4.1.%20Quarterly%20Earnings%20Reconciliation) This section provides a detailed reconciliation of GAAP to non-GAAP financial measures for the quarters ended June 29, 2025, March 30, 2025, and June 30, 2024, covering gross profit, income from operations, and net income per common share | Metric (in millions of USD) | Q2 2025 GAAP | Q2 2025 Non-GAAP | Q1 2025 GAAP | Q1 2025 Non-GAAP | Q2 2024 GAAP | Q2 2024 Non-GAAP | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Net revenues | $651.8 | $651.8 | $685.7 | $685.7 | $729.9 | $729.9 | | Gross profit | $373.0 | $373.3 | $415.3 | $415.5 | $425.8 | $425.8 | | Income from operations | $90.7 | $98.2 | $120.8 | $140.8 | $210.4 | $159.6 | | Net income | $78.4 | $91.6 | $98.9 | $121.5 | $186.3 | $140.0 | | Diluted EPS | $0.49 | $0.57 | $0.61 | $0.75 | $1.14 | $0.86 | - Non-GAAP adjustments for Q2 2025 included **$3.7 million** for acquired intangible assets amortization, **$2.4 million** for restructuring and other, **$1.1 million** for ERP related expenses, and **$7.4 million** for amortization of equity method investment[16](index=16&type=chunk) - The Q2 2024 non-GAAP income from operations and net income were significantly impacted by the exclusion of a **$(57.5) million** gain on the sale of business[16](index=16&type=chunk) [Six Months Ended Earnings Reconciliation](index=10&type=section&id=4.2.%20Six%20Months%20Ended%20Earnings%20Reconciliation) This section reconciles GAAP to non-GAAP financial measures for the six months ended June 29, 2025, and June 30, 2024, detailing adjustments for gross profit, income from operations, and net income per common share | Metric (in millions of USD) | 6 Months 2025 GAAP | 6 Months 2025 Non-GAAP | 6 Months 2024 GAAP | 6 Months 2024 Non-GAAP | | :--- | :--- | :--- | :--- | :--- | | Net Revenues | $1,337.5 | $1,337.5 | $1,329.7 | $1,329.7 | | Gross profit | $788.3 | $788.9 | $765.1 | $765.1 | | Income from operations | $211.5 | $239.1 | $288.1 | $248.1 | | Net income | $177.3 | $213.2 | $250.5 | $222.6 | | Diluted EPS | $1.10 | $1.32 | $1.54 | $1.37 | - For the six months ended June 29, 2025, non-GAAP adjustments included **$16.9 million** for restructuring and other, **$14.8 million** for amortization of equity method investment, and **$8.3 million** for acquired intangible assets amortization[21](index=21&type=chunk) - The six months ended June 30, 2024, non-GAAP results excluded a **$(57.5) million** gain on the sale of business and included a **$9.8 million** loss on foreign exchange contract[21](index=21&type=chunk) [Third Quarter 2025 Guidance Reconciliation](index=12&type=section&id=4.3.%20Third%20Quarter%202025%20Guidance%20Reconciliation) This reconciliation provides the adjustments from GAAP to non-GAAP net income per diluted share for the third quarter 2025 guidance, primarily excluding acquired intangible assets amortization, equity method investment amortization, and non-GAAP tax adjustments | Metric | Q3 2025 Guidance (Low) | Q3 2025 Guidance (High) | | :--- | :--- | :--- | | GAAP net income per diluted share | $0.62 | $0.80 | | Exclude acquired intangible assets amortization | $0.03 | $0.03 | | Exclude equity method investment amortization | $0.05 | $0.05 | | Non-GAAP tax adjustments | $(0.01) | $(0.01) | | Non-GAAP net income per diluted share | $0.69 | $0.87 | [Investor Information](index=1&type=section&id=5.%20Investor%20Information) This section provides details for investors, including webcast access for Q2 results and contact information for inquiries [Webcast Details](index=1&type=section&id=5.1.%20Webcast%20Details) A conference call to discuss Q2 results and business outlook was scheduled for July 30, 2025, with webcast access and presentation materials available on Teradyne's investor relations website - A conference call to discuss Q2 results and management's business outlook was scheduled for **8:30 a.m. ET, July 30, 2025**[3](index=3&type=chunk) - Interested investors can access the webcast and presentation materials at **www.teradyne.com/investors**[3](index=3&type=chunk) [Contact Information](index=12&type=section&id=5.2.%20Contact%20Information) Contact information for investor inquiries is provided, listing Traci Tsuchiguchi, Vice President of Corporate Relations, and the company's website - For investor inquiries, contact **Traci Tsuchiguchi, Vice President of Corporate Relations**, at **978-370-2444**[25](index=25&type=chunk) - Additional investor information is available on Teradyne's homepage at **http://www.teradyne.com**[24](index=24&type=chunk)

泰瑞达二季度净营收6.52亿美元，分析师预期6.509亿美元。 二季度调整后EPS为0.57美元，分析师预期0.54美元。 预计三季度营收7.10亿-7.70亿美元，分析师预期7.575亿美元。 预计三季度调整后EPS为0.69-0.87美元，分析师预期0.89美元。 泰瑞达（TER）美股盘后跌超0.3%，随后转而上涨4.14%。 TERADYNE Teradyne Inc nasdaq: ter : 即将举行的活动 ) 第 2 季度财报电话会议 · GMT-4 上午8:30 市场概况 > Teradyne Inc 90.55 USD + 关注 -0.59 (0.65%) + 今天 收盘时间: 7月29日 GMT-4 下午5:07 · 免责声明 盘后价 90.28-0.27 (0.30%) 最大 5天 1 大 5年 93 92 BE日 收盘价 91 91.14 90 89 88 下午2:00 下午6:00 下午8:00 下午12:00 下午4:00 上午10:00 开盘 91.61 市值 145.26亿 52 周高点 144.16 最高 92.37 25.63 市盈率 52 周低点 65.77 最低 股息收益 ...

Core Insights - MKS Instruments (MKSI) is currently viewed as a more attractive investment compared to Teradyne (TER) based on valuation metrics and analyst outlook [1][7] Valuation Metrics - MKSI has a forward P/E ratio of 15.40, significantly lower than TER's forward P/E of 29.16, indicating that MKSI may be undervalued [5] - The PEG ratio for MKSI is 1.15, while TER's PEG ratio is much higher at 4.03, suggesting that MKSI offers better value relative to its expected earnings growth [5] - MKSI's P/B ratio stands at 2.93, compared to TER's P/B of 5.23, further supporting the notion that MKSI is a more attractive investment [6] Analyst Ratings - MKSI holds a Zacks Rank of 1 (Strong Buy), indicating a positive earnings estimate revision trend, while TER has a Zacks Rank of 3 (Hold), reflecting a less favorable outlook [3][7] - The Value grade for MKSI is B, whereas TER has a Value grade of D, highlighting MKSI's stronger position in terms of value investing metrics [6]