Teradyne Q2 revenue $841M, down 23% YoY; GAAP EPS $1.16, Q3 guidance lowered

TERADYNE, INC

2022-Q2 EPS reported $2.07 revenue$1,596,136,000

Revenue $841M, down 23% YoY from $1,086M; GAAP EPS $1.16 vs $1.76; Non-GAAP EPS $1.21 vs $1.91.
Segment: Semiconductor Test $541M, System Test $135M, Wireless Test $64M, Industrial Automation $101M.
Q3 2022 guidance: revenue $760-840M, GAAP EPS $0.86-1.12, non-GAAP EPS $0.90-1.16.
CEO cites supply shortages, slowing IA growth, reduced mobility test demand for lowered Q3 outlook.
Automotive and memory test demand strong; mobility and compute demand softening.

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