• Teradyne’s adjusted EPS (Earnings per Share) for the second quarter is forecasted to beat estimates, ranging from 64c to 84c against the estimated 60c.
• The company’s expected revenue is projected to be between $665 million to $725 million, surpassing the estimate of $636.5 million.
• Teradyne’s first quarter results show an adjusted EPS of 51c, slightly down from 55c the previous year, but higher than the estimated 33c.
• In terms of net revenue for the first quarter, Teradyne made $599.8 million, marking a decrease of 2.9% compared to the same period last year, but still higher than the estimated $566.3 million.
• The company’s engineering and development expenses for the first quarter stand at $103.2 million, down 2.4% from the previous year and slightly below the estimate of $103.5 million.
• Teradyne’s revenues from Semiconductor Test amounted to $412 million, exceeding the estimated $374.3 million.
• System Test Revenue was in line with estimates at $75 million
• However, Wireless Test Revenue came in at $25 million, which falls short of the estimated $28.2 million.
• The company’s adjusted net income during the first quarter impressively reached $82.5 million, significantly outperforming the estimated $52.5 million.
• Current stock opinions stand at 12 buys, 5 holds and 2 sells as per the provided information.
Teradyne Inc on Smartkarma
Teradyne Inc. is garnering positive attention from top independent analysts on Smartkarma. Baptista Research recently published a research report titled “Teradyne Inc.: Diversification into AI and Robotics Could Catalyze Growth! – Major Drivers”. The report highlights Teradyne’s strong performance in the Memory Test sector, with double year-over-year revenue from DRAM testers due to HBM demand, and in the Industrial Automation marketplace. Furthermore, Teradyne saw significant sequential growth in sales from its Robotics team, meeting the high demand for its UR20 Cobot at Universal Robots.
A look at Teradyne Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Teradyne Inc, a company that specializes in semiconductor test products and services globally, has received a mixed outlook based on Smartkarma Smart Scores. The company scored moderately in the areas of value and dividend with a score of 2 out of 5 for each. However, Teradyne Inc showed stronger performance in terms of growth and momentum with scores of 3 out of 5 for both factors. Additionally, the company demonstrated a high level of resilience with a score of 4, indicating its ability to withstand challenges.
In summary, Teradyne Inc is a company that designs, manufactures, and supports a variety of semiconductor test products and services worldwide. Despite moderate scores in some areas, the company’s overall outlook appears promising, particularly in terms of growth, momentum, and resilience, which could bode well for its long-term performance in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
