secwatch.observer — SEC 8-K summary
======================================

Issuer:     TERADYNE, INC (TER)
CIK:        0000097210
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001193125-23-195224
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Teradyne Q2 2023 revenue $684M beats guidance; GAAP EPS $0.73, non-GAAP $0.79
-----------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/97210/000119312523195224/0001193125-23-195224-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/97210/000119312523195224/d454874d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-195224

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer