Core Insights - Teradyne (TER) is set to report its second-quarter 2025 earnings on July 29, with expected revenues between $610 million and $680 million and non-GAAP earnings between 41 cents and 64 cents per share [1][7] - The Zacks Consensus Estimate for revenues is $646.1 million, reflecting an 11.5% decrease from the same quarter last year [1] - The consensus for second-quarter earnings is 54 cents per share, indicating a significant year-over-year decline of 37.21% [2] Revenue and Earnings Expectations - Teradyne anticipates a decline in Memory test system revenues due to customers utilizing existing high-bandwidth memory test capacity instead of investing in new systems [3] - In the Mobile segment, lower revenues are expected, with ongoing uncertainty regarding end-market demand [3][7] Cost and Margin Outlook - The company expects a slight increase in cost of sales and operating expenses for the second quarter of 2025, while gross margin is projected to decrease sequentially due to product mix and lower volume [4][7] Earnings Surprise Potential - According to the Zacks model, Teradyne currently has an Earnings ESP of 0.00% and a Zacks Rank of 3, indicating lower odds of an earnings beat [5]