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Teradyne (TER) Reports Q2 Earnings: What Key Metrics Have to Say
TERTeradyne(TER) ZACKS·2024-07-25 21:00

Financial Performance - Teradyne reported 72988millioninrevenueforQ22024,a66729 88 million in revenue for Q2 2024, a 6 6% YoY increase [1] - EPS for the quarter was 0 86, up from 079inthesameperiodlastyear[1]Thecompanydeliveredarevenuesurpriseof+3300 79 in the same period last year [1] - The company delivered a revenue surprise of +3 30% compared to the Zacks Consensus Estimate of 706 55 million [6] - EPS surprise was +13 16%, with the consensus estimate being 076[6]SegmentRevenueBreakdownSemiconductorTestrevenuewas0 76 [6] Segment Revenue Breakdown - Semiconductor Test revenue was 543 million, a 14 4% YoY increase, surpassing the 48907millionestimate[5]IndustrialAutomation(Robotics)revenuereached489 07 million estimate [5] - Industrial Automation (Robotics) revenue reached 90 million, a 25 6% YoY increase, but missed the 9421millionestimate[5]WirelessTestrevenuewas94 21 million estimate [5] - Wireless Test revenue was 36 million, a 17 9% YoY decline, slightly above the 3352millionestimate[5]SystemsTestrevenuewas33 52 million estimate [5] - Systems Test revenue was 61 million, a 35 3% YoY decline, below the $83 27 million estimate [5] Stock Performance and Analyst Outlook - Teradyne shares returned -2 3% over the past month, underperforming the Zacks S&P 500 composite's -0 3% change [4] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [4] Key Metrics and Investor Focus - Revenue and earnings changes YoY, along with comparisons to Wall Street expectations, are critical for investors to assess stock price performance [2][3] - Key metrics monitored by Wall Street analysts provide a more accurate picture of the company's financial health [3]