Richard J. Burns
On March 5, 2025, Richard J. Burns notified Teradyne, Inc. (the “Company”) of his decision to retire as President, Semiconductor Test of the Company effective June 1, 2025.
Highest-materiality recent filing
Teradyne shareholders elect all 9 directors, approve say-on-pay and auditor
All nine director nominees elected; highest vote against was Marilyn Matz with 8.57M against.
Teradyne reports record Q1 revenue $1.28B, EPS $2.53, driven by AI demand
Revenue $1.282B, up 87% YoY; GAAP EPS $2.53 vs $0.61; non-GAAP EPS $2.56 vs $0.75.
Teradyne Q4 revenue $1.08B, up 44% YoY, beats high-end guidance; Q1 outlook strong
Q4 revenue $1.083B, up 44% YoY, above high-end of guidance; GAAP EPS $1.63, non-GAAP EPS $1.80.
Teradyne Q3 revenue $769M (+4% YoY), beats high end; Q4 guidance $920M-$1B (+25% seq)
GAAP EPS $0.75, non-GAAP EPS $0.85; net income $119.6M GAAP.
Michelle Turner appointed CFO effective Nov 3, 2025, succeeding Sanjay Mehta who will serve as executive advisor and retire in 2026.
Teradyne Robotics President Ujjwal Kumar departs; receives $1.13M severance
Ujjwal Kumar's tenure as President of Teradyne Robotics ended August 29, 2025.
Teradyne Q2 revenue $652M, EPS $0.49; guides Q3 revenue $710M-$770M
Revenue $652M, down 11% YoY from $730M; GAAP EPS $0.49 vs $1.14; non-GAAP EPS $0.57 vs $0.86.
Teradyne appoints two new independent directors, expands board to nine
Drew Henry (Arm Holdings EVP) and Dr. Necip Sayiner (ex-Intersil CEO) join effective July 1, 2025.
Teradyne amends bylaws, adjusts shareholder nomination and proposal deadlines
Director nomination and proposal notice window changed to 90-120 days before annual meeting (previously 60-90 days).
Teradyne shareholders approve political contributions report at 2025 annual meeting
Shareholder proposal on political contributions report passed with 66.1M for, 63.6M against.
Teradyne shareholders approve amended equity compensation plan, elect directors
All 7 director nominees elected with majorities exceeding 123M votes for each.
Teradyne Q1 revenue $686M (+14% YoY), EPS beat; boosts buyback to $1B
Revenue $686M, up 14% YoY; GAAP EPS $0.61, non-GAAP EPS $0.75, both above guidance.
Teradyne President of Semiconductor Test Richard J. Burns to Retire Effective June 1, 2025
Richard J. Burns notified Teradyne of his retirement as President, Semiconductor Test on March 5, 2025.
Teradyne to host Financial Analyst Day on March 11, 2025
Event to be held at Teradyne headquarters in North Reading, MA at 1:00 p.m. EDT.
Teradyne Q4 revenue $753M (+12% YoY); Q1 guidance $660-700M
Revenue $753M up 12% YoY; GAAP EPS $0.90, non-GAAP EPS $0.95; both at high end of Q4 guidance.
Ford Tamer notified Teradyne board on Jan 2, 2025, that he will not stand for re-election at the 2025 annual meeting.
Teradyne Q3 revenue $737M (+5% YoY), beats EPS guidance on AI-driven memory demand
GAAP EPS $0.89, non-GAAP EPS $0.90; both above Q3 guidance range.
Teradyne Q2 revenue $730M (+7% YoY), EPS beat; Q3 guidance $680-740M
Revenue $730M, above high-end of guidance; GAAP EPS $1.14, non-GAAP $0.86.
Teradyne completes $522M Technoprobe stake (10%) and $85M DIS divestiture
Acquired 65,326,087 shares of Technoprobe (10% fully diluted) for $522M cash on May 27, 2024.
Teradyne borrows $185M under credit facility to fund 10% Technoprobe acquisition
Borrowed $185M under $750M credit facility on May 16, 2024.
Teradyne stockholders approve charter amendment lowering voting thresholds; elect directors
At May 9 annual meeting, eight director nominees elected with over 122M votes each; Paul Tufano had 124.8M for, 5.1M against.
Teradyne Q1 rev $600M beats high-end guidance; GAAP EPS $0.40, non-GAAP $0.51
Revenue $600M (-3% YoY); Semiconductor Test $412M, System Test $75M, Wireless Test $25M, Robotics $88M.
Teradyne Q4 2023 revenue down 8% YoY to $671M; Q1 guidance below Q4
Q4 revenue $671M (-8% YoY); GAAP EPS $0.72 vs $1.04 YoY; Non-GAAP EPS $0.79 vs $0.92 YoY.
Charles J. Gray retires as VP & General Counsel effective Feb 2, 2024; agreement signed Jan 25, 2024.
Teradyne amends bylaws to permit remote/hybrid shareholder meetings under Massachusetts law
Board approved Amended and Restated Bylaws effective January 23, 2024.
Teradyne elects Bridget A. van Kralingen to Board of Directors effective Jan 12, 2024
Bridget A. van Kralingen, Partner at Motive Partners and former IBM senior leader, joins Teradyne's Board.
Teradyne VP and General Counsel Charles J. Gray to retire Feb 1, 2024
Charles J. Gray notified Teradyne on November 14, 2023 of his retirement as VP and General Counsel.
Teradyne invests $516M for 10% of Technoprobe; sells DIS unit for $85M
Teradyne to acquire 10% of Technoprobe for ~$516M at €7.362/share (3-month VWAP).
Teradyne Q3 revenue $704M, down 15% YoY; GAAP EPS $0.78; Q4 guidance $640-$700M
Revenue $704M, down 15% from $827M in Q3'22; GAAP EPS $0.78 vs $1.10 in Q3'22.
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.
Teradyne shareholders elect all eight director nominees and approve executive compensation
All eight directors elected with majority votes; Marilyn Matz received the lowest support at 109.8M for vs 22.1M against.
Teradyne Q1 revenue $618M, EPS $0.50; Q2 guidance $625-685M
Revenue $618M (-18% YoY); GAAP EPS $0.50, non-GAAP $0.55.
Teradyne amends bylaws to adopt universal proxy rules and update nomination procedures
Board approved Amended and Restated Bylaws effective March 24, 2023.
Teradyne CEO Mark Jagiela retires Feb 1, 2023; Gregory Smith succeeds as CEO
Mark Jagiela retired as CEO and Board member effective Feb 1, 2023.
Teradyne Q4 revenue down 17% YoY; guides Q1 well below consensus
Q4 revenue $732M (-17% YoY); GAAP EPS $1.04, non-GAAP $0.92; Semi Test $481M, IA $110M.
Teradyne CEO Mark Jagiela to retire; President Gregory Smith named successor effective Feb 1, 2023
Mark Jagiela to retire as CEO and board member effective Feb 1, 2023, after 40+ years at Teradyne.
Teradyne elects Ernest E. Maddock to Board of Directors effective Nov 14, 2022
Mr. Maddock appointed to Audit Committee; annual cash compensation of $90,000.
Teradyne Q3 revenue $827M, down 13% YoY; Q4 guidance $670-750M
Revenue $827M, down 13% from $951M in Q3'21; GAAP EPS $1.10 vs $1.41; non-GAAP EPS $1.15 vs $1.59.
Teradyne amends bylaws to allow director removal without cause by majority vote
Amendment permits shareholders to remove a director with or without cause by majority of shares outstanding and entitled to vote.
Teradyne Q2 revenue $841M, down 23% YoY; GAAP EPS $1.16, Q3 guidance lowered
Revenue $841M, down 23% YoY from $1,086M; GAAP EPS $1.16 vs $1.76; Non-GAAP EPS $1.21 vs $1.91.
Teradyne appoints Greg Smith as President effective July 1, 2022
Greg Smith, previously President of Industrial Automation Group since 2020, named President of Teradyne; Mark Jagiela remains CEO.
All eight director nominees elected; Ford Tamer received most votes (135,190,588 for, 372,276 against).
Teradyne Q1 revenue $755M, down 3% YoY; Q2 guidance $780M-$870M
GAAP EPS $0.92, non-GAAP EPS $0.98; revenue beat the mid-point of prior guidance.
Teradyne Q4 revenue $885M (+17% YoY); dividend +10% to $0.11; Q1 guidance below Q4 run rate
Q4 2021 revenue $885M (+17% YoY); GAAP EPS $1.29, non-GAAP $1.37.
Teradyne Q3 revenue $951M (+16% YoY); GAAP EPS $1.41, non-GAAP $1.59
Semiconductor Test revenue $688M; Industrial Automation $91M (+32% YoY) amid supply constraints.
Teradyne elects Ford Tamer to board, effective Nov 8, 2021; also appointed to Audit Committee
Ford Tamer elected to Teradyne's Board of Directors effective November 8, 2021; also appointed to Audit Committee.
Teradyne Q2 2021 revenue $1,086M (+29% YoY); GAAP EPS $1.76 (+68% YoY)
Semiconductor Test revenue $834M; Industrial Automation $92M (+57% YoY) driven by Universal Robots.
On March 5, 2025, Richard J. Burns notified Teradyne, Inc. (the “Company”) of his decision to retire as President, Semiconductor Test of the Company effective June 1, 2025.
On January 2, 2025, Ford Tamer notified the Board of Directors (the “Board”) of Teradyne, Inc. (“Teradyne”) of his decision not to stand for re-election at Teradyne’s next annual meeting of shareholders, expected to be held in May 2025
As previously announced in the Original 8-K, on November 14, 2023 Mr. Gray notified the Company of his intent to retire as Vice President and General Counsel of the Company effective February 2, 2024 (the “Effective Date”).
On January 12, 2024, the Board of Directors (the “Board”) of Teradyne, Inc. (“Teradyne”) elected Bridget A. van Kralingen as a director of Teradyne and appointed her to the Board’s Compensation Committee and Nominating and Corporate Governance Committee.
On November 14, 2023, Teradyne, Inc. (the “Company”) was notified of the decision by Charles J. Gray to retire as Vice President and General Counsel of the Company effective February 1, 2024.
the Company appointed Gregory S. Smith the Chief Executive Officer of the Company effective February 1, 2023, replacing Mark E. Jagiela.
On November 15, 2022, Teradyne, Inc. (the “Company” or “Teradyne”) was notified of the decision by Mark E. Jagiela to retire as Chief Executive Officer of the Company and as a member of the Company’s Board of Directors effective February 1, 2023.
On November 15, 2022, the Company appointed Gregory S. Smith the Chief Executive Officer of the Company effective February 1, 2023, replacing Mark E. Jagiela.
On November 2, 2022, the Board of Directors (the “Board”) of Teradyne, Inc. (“Teradyne”) elected Ernest E. Maddock as a director of Teradyne effective November 14, 2022 and appointed him to the Board’s Audit Committee.
On June 3, 2022, Teradyne, Inc. (“Teradyne” or the “Company”) appointed Greg Smith President of the Company effective July 1, 2022.
On September 27, 2021, the Board of Directors (the “Board”) of Teradyne, Inc. (“Teradyne”) elected Ford Tamer as a director of Teradyne effective November 8, 2021 and appointed him to the Board’s Audit Committee.
Max materiality 0.90 · Median 0.60 · Most common event earnings