Teradyne, Inc. Provides Earnings Guidance for the Third Quarter and Full Year 2024
July 25, 2024 at 01:30 pm
Share
Teradyne, Inc. provided earnings guidance for the third quarter and full year 2024. For the quarter, the company expected to be between $680 million and $740 million and GAAP EPS is expected to be in the range of $0.62 to $0.82.
For the year, the company expects full year revenue to grow in the low single-digit range compared to 2023.
Teradyne, Inc. specializes in the development, manufacturing and marketing of automatic test equipments. Net sales break down by family of products as follows:
- semiconductor tester (72.4%);
- system testing solutions (13.1%): testers of integrated circuit, digital network cards, electronic modules, military and aerospace instruments, car diagnostic systems, etc.;
- industrial automation solutions (9%);
- wireless test solutions (5.5%): for mobiles devices and equipments manufacturers (smart phones, tablets, laptops, etc.).
Net sales break down by source of income into sales of products (86.2%) and services (13.8%; consulting, development, training and technical support services).
Net sales break down geographically as follows: the United States (10.3%), Taiwan (37.8%), China (14.9%), Korea (12.5%), Europe (6.6%), Japan (4.6%), Thailand (4.4%), Singapore (2.4%), Philippines (2.2%), Malaysia (1.8%) and other (2.5%).
TERADYNE INC. 
