Teradyne(US:TER) Benzingaยท2025-10-29 09:45Core Insights - Teradyne Inc. experienced a significant stock price increase of 23.29% to $178.00 in premarket trading following the release of its third-quarter results [1] Financial Performance - The company reported third-quarter revenue of $769 million, an increase from $737 million in the same quarter last year and $652 million in the previous quarter [2] - Non-GAAP net income for the third quarter was $135.9 million, or 85 cents per diluted share, compared to 90 cents per share in the year-ago quarter [3] Segment Performance - Revenue breakdown by segment for the third quarter: - Semiconductor Test: $606 million - Product Test: $88 million - Robotics: $75 million [3] - The Semiconductor Test Group exceeded expectations, driven by System-on-a-Chip (SOC) solutions for AI applications and strong performance in memory [3] Future Guidance - Teradyne provided fourth-quarter revenue guidance of $920 million to $1 billion, with expectations of a 25% sequential increase and a 27% increase from Q4 2024 [4] - Projected non-GAAP net income for Q4 is estimated to be between $1.20 and $1.46 per diluted share [4] Management Changes - The company announced that Michelle Turner will become the chief financial officer effective November 3, succeeding Sanjay Mehta, who will transition to an executive advisor role before retiring in 2026 [5] Stock Performance - Teradyne shares have increased by 27.5% over the past year and 92.79% over the past six months, with a market capitalization of $22.97 billion [6] - The stock has a 52-week range of $65.77 to $150.71, and it is noted to have momentum in the 87th percentile according to Benzinga's Edge Stock Rankings [6]