In addition to disclosing results that are determined in accordance with GAAP, Teradyne also discloses non-GAAP results of operations that exclude certain income items and charges. These results are provided as a complement to results provided in accordance with GAAP. Non-GAAP income from operations and non-GAAP net income exclude acquired intangible assets amortization, restructuring and other, ERP related expenses, inventory step-up, pension mark-to-market adjustment, pension actuarial gains and losses, d ...

NORTH READING, Mass.--(BUSINESS WIRE)--First paragraph, first sentence of release should read: ...dividend of $0.13 per share (instead of ...dividend of $0.12 per share). The updated release reads: TERADYNE DECLARES QUARTERLY CASH DIVIDEND About Teradyne Teradyne (NASDAQ:TER) designs, develops, and manufactures automated test equipment and advanced robotics systems. Its test solutions for semiconductors and electronics products enable Teradyne's customers to consistently deliver on their quality standards. ...

Investment Rating - The investment rating for AccoTEST is "Buy" with a target price of Rmb258, indicating an expected share price return of 4.6% and a total expected return of 5.1% [2][3]. Core Insights - AccoTEST's preliminary results for 2025 show earnings growth of 46%-78% YoY, estimated between Rmb489 million and Rmb594 million, with a midpoint of Rmb541 million, which is in line with Bloomberg consensus but 5% above Citi's estimates [1]. - The strong earnings improvement is attributed to the recovery in the semiconductor cycle, increased demand for AI, and trends in import replacement [1]. - The production ramp of AccoTEST's new product, the STS8600 SoC tester, is seen as a significant catalyst for share price growth in 2026 [2]. Financial Summary - For the year ending December 31, 2023, AccoTEST reported a net profit of Rmb252 million, with a diluted EPS of Rmb1.860, reflecting a decline of 67.8% YoY. The forecast for 2025 estimates a net profit of Rmb516 million and a diluted EPS of Rmb3.809, showing a growth of 54.2% [5]. - The projected earnings for 2026 are expected to reach Rmb683 million, with a diluted EPS of Rmb5.040, indicating a growth of 32.3% [5].

Core Viewpoint - Teradyne, Inc. is set to release its financial results for Q4 and the full year of 2025 on February 2, 2026, with a subsequent conference call to discuss these results and the management's business outlook scheduled for February 3, 2026 [1]. Group 1 - The financial results will be available at 5:00 p.m. ET on February 2, 2026 [1]. - A conference call will take place at 8:30 a.m. ET on February 3, 2026, to discuss the results [1]. - Interested investors can access the webcast at least five minutes before the call begins [2]. Group 2 - Teradyne designs, develops, and manufactures automated test equipment and advanced robotics systems [3]. - The company's test solutions for semiconductors and electronics help customers maintain quality standards [3]. - Teradyne's advanced robotics business includes collaborative and mobile robots for manufacturing and warehouse operations [3].

Core Viewpoint - Teradyne, Inc. is positioned to benefit from the increasing demand for automated test equipment in the AI and semiconductor markets, with strong earnings growth anticipated in the upcoming quarters [2][5]. Financial Performance - Analysts expect Teradyne to report earnings of $1.36 per share for the fourth quarter, a 43.2% increase from $0.95 per share in the same quarter last year [2]. - For the full fiscal year, earnings are projected to grow by 9% to $3.51 per share from $3.22, with further growth expected to 44.7% to $5.08 per share in fiscal 2026 [3]. Stock Performance - Over the past year, Teradyne's stock has increased by 60.3%, significantly outperforming the S&P 500 Index, which rose by 17.1%, and the Technology Select Sector SPDR Fund, which increased by 25.3% [4]. - The stock reached a 52-week high of $229.7, confirming a bullish trend, with Wall Street maintaining a "Strong Buy" rating [6]. Market Demand - The rising demand for Teradyne's automated test equipment is driven by the booming AI and semiconductor markets, as customers expand production of various chips [5].

Market Overview - Major U.S. equities indexes ended mixed after the Federal Reserve announced a quarter-point cut to its benchmark interest rate, with Fed Chair Jerome Powell cautioning against assumptions of further cuts in December [3][8] - The S&P 500 finished flat, the Dow Jones Industrial Average fell 0.2%, while the tech-heavy Nasdaq advanced 0.6% [4] Company Performance - Teradyne (TER) shares surged 20.5% after exceeding third-quarter sales and profit estimates, driven by strong AI demand for semiconductor testing equipment [5] - Seagate Technology Holdings (STX) reported better-than-expected third-quarter results, with a 19.1% stock increase, attributed to AI-driven demand for its heat-assisted magnetic recording drives [6] - Centene (CE) shares rose 12.5% following a surprise profit in the third quarter and an increase in full-year guidance, supported by higher demand for Medicare and Medicaid services [7] Underperforming Companies - Fiserv (FI) shares plummeted 44% after missing quarterly revenue and earnings estimates, leading to a cut in full-year forecasts [10] - Verisk Analytics (VRSK) topped adjusted profit forecasts but fell short on revenue, resulting in a 10.4% drop in shares due to low severe weather claims [11] - CoStar Group (CSGP) exceeded sales and profit forecasts but revised its full-year earnings forecast downward, leading to a 9.9% decline in shares [11]

Market Overview - U.S. stocks are rising, with the S&P 500 up 0.3%, Dow Jones Industrial Average up 271 points (0.6%), and Nasdaq composite up 0.5%, all approaching record highs [1] - The bond market remains steady as investors await the Federal Reserve's interest rate announcement, with expectations for a second rate cut this year [2] Company Performance - Caterpillar's stock surged 12.2% after reporting stronger-than-expected profit and revenue, citing resilient demand for equipment [3] - Teradyne's shares soared 19.4% following a strong profit report, driven by robust demand related to artificial intelligence applications [3] - Nvidia's stock rose 2.7%, making it the first company valued at $5 trillion, just three months after surpassing the $4 trillion mark [3] Negative Company News - Fiserv's stock plummeted 40.3% after reporting weaker-than-expected profit, cutting its profit forecast, and undergoing leadership changes, marking its worst trading day since 1986 [4] - Mondelez International's shares fell 3.7% despite reporting stronger results, as the company faces challenges from record-high cocoa inflation [5]

Core 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]

Core Insights - Teradyne, Inc. has appointed Michelle Turner as the new Chief Financial Officer effective November 3, 2025, succeeding Sanjay Mehta, who has been in the role since 2019 [1][3] - Sanjay Mehta will continue as an executive advisor to support capacity expansion in response to increased demand in Semiconductor Test, with plans to retire in 2026 [1][3] - Michelle Turner brings 30 years of financial and strategic leadership experience from various sectors, including technology and manufacturing, and has a proven track record in driving growth and operational efficiency [2][3] Company Overview - Teradyne designs, develops, and manufactures automated test equipment and advanced robotics systems, focusing on quality standards for semiconductors and electronics [5] - The company’s advanced robotics business includes collaborative and mobile robots that enhance manufacturing and warehouse operations [5] Leadership Transition - Greg Smith, President and CEO of Teradyne, emphasized the importance of aligning leadership with industry opportunities driven by AI, semiconductors, and industrial automation [3] - Michelle Turner expressed enthusiasm about joining Teradyne during a period of growth and strategic opportunity, aiming to enhance long-term shareholder returns [3][4] Financial Performance - Teradyne reported revenue of $769 million for Q3 2025, with $606 million from Semiconductor Test, $88 million from Product Test, and $75 million from Robotics [7]

Core Insights - Teradyne, Inc. is valued at approximately $23.2 billion and specializes in automated test equipment and robotics systems for various applications, ensuring product quality and assisting manufacturing operations [1] Financial Performance - For the upcoming third-quarter earnings report, analysts expect Teradyne to post earnings of $0.78 per share, a decline of 13.3% from $0.90 per share in the same quarter last year [2] - The company has a history of outperforming Wall Street estimates, having exceeded profit expectations for three consecutive quarters [3] - Full-year earnings are projected to decrease by 2.8% to $3.13 per share from $3.22 in fiscal 2024, but a significant recovery is anticipated in fiscal 2026, with EPS expected to rise by 42.5% to $4.46 per share [3] Stock Performance - Over the past year, Teradyne's stock has increased by 13.8%, although it has underperformed compared to the S&P 500 Index, which rose by 17.1%, and the Technology Select Sector SPDR Fund, which surged by 28% [4] - Following a stronger-than-expected second-quarter earnings report, Teradyne's shares jumped by 18.9% in the next trading session [5] Earnings Report Highlights - In the second quarter, revenue decreased by 10.7% year-over-year to $651.8 million, but still surpassed consensus expectations [5] - Adjusted EPS for the quarter was $0.57, down 33.7% from the previous year, yet it exceeded Wall Street's forecast by 5.6% [6] - The Semiconductor Test Group was a key driver of performance, with demand for System-on-a-Chip (SOC) particularly strong in artificial intelligence applications [6] Analyst Ratings - Wall Street maintains a "Moderate Buy" rating on Teradyne, with nine out of 18 analysts recommending a "Strong Buy," one a "Moderate Buy," six a "Hold," one a "Moderate Sell," and one a "Strong Sell" [7] - The stock is currently trading above its mean price target of $121.56, with a high target of $200 suggesting potential upside of 33.2% [7]