Teradyne, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
January 22, 2020 at 10:02 pm
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Teradyne, Inc. announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was USD 654.650 million compared to USD 519.558 million a year ago. Net income was USD 136.783 million compared to USD 143.791 million a year ago. Basic earnings per share was USD 0.82 compared to USD 0.8 a year ago. Diluted earnings per share was USD 0.75 compared to USD 0.79 a year ago.
For the full year, sales was USD 2,294.965 million compared to USD 2,100.802 million a year ago. Net income was USD 479.175 million compared to USD 451.779 million a year ago. Basic earnings per share was USD 2.81 compared to USD 2.41 a year ago. Diluted earnings per share was USD 2.67 compared to USD 2.35 a year ago.
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. 
