Teradyne Q2 revenue $730M (+7% YoY), EPS beat; Q3 guidance $680-740M

TERADYNE, INC

2024-Q2 EPS reported $1.54 revenue$1,329,698,000

Revenue $730M, above high-end of guidance; GAAP EPS $1.14, non-GAAP $0.86.
Semiconductor Test revenue $543M (+14% YoY) on AI memory and SoC demand recovery.
Robotics revenue $90M, up sequentially and YoY; CEO cites edge AI as mid-term driver.
Q3 2024 guidance: revenue $680-740M; GAAP EPS $0.62-0.82, non-GAAP $0.66-0.86.

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