earnings
confidence high
sentiment positive
materiality 0.70
Teradyne Q2 2023 revenue $684M beats guidance; GAAP EPS $0.73, non-GAAP $0.79
TERADYNE, INC
2023-Q2 EPS reported
$1.23
revenue$1,301,966,000
- Revenue $684M, down 19% YoY, but above mid-point of Q2 guidance; GAAP EPS $0.73 vs $1.16 YoY.
- Non-GAAP EPS $0.79 vs $1.21 YoY; returned $152M to shareholders via buybacks and dividends.
- Semiconductor Test $475M, System Test $94M, Wireless Test $44M, Robotics $72M.
- Q3 guidance: revenue $650-710M, GAAP EPS $0.57-0.77, non-GAAP EPS $0.61-0.81.
- CEO cites strong demand for DRR5/HBM in data centers and automotive; robotics orders expected to decline.