secwatch / observer

TERADYNE, INC — fact timeline

Source-grounded facts extracted from TERADYNE, INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

TER TERADYNE, INC JSON
Shareholder Votes

TERADYNE, INC shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-05-08 meeting.

“A management proposal to ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for fiscal year ending December 31, 2026 was approved as follows:”
Shareholder Votes

TERADYNE, INC shareholders approved Advisory non-binding resolution to approve the 2025 executive compensation at the 2026-05-08 meeting.

“An advisory non-binding resolution to approve the 2025 executive compensation passed as follows:”
Shareholder Votes

TERADYNE, INC shareholders approved Election of Directors at the 2026-05-08 meeting.

“The individuals listed below were elected at the Annual Meeting to serve as directors of the Company until the next annual meeting of shareholders and until their successors are duly elected and qualified:”
Earnings Releases

TERADYNE, INC reported second quarter of 2026 results: revenue revenue of $1,150 million to $1,250 million, net income GAAP net income of $1.83 to $2.12 per diluted share and non-GAAP net income of $1.86 to $2.15 per diluted share, EPS GAAP net income of $1.83 to $2.12 per diluted share and non-GAAP net income of $1.86 to $2.15 per diluted share.

“Guidance for the second quarter of 2026 is revenue of $1,150 million to $1,250 million, with GAAP net income of $1.83 to $2.12 per diluted share and non-GAAP net income of $1.86 to $2.15 per diluted share.”
Earnings Releases

TERADYNE, INC reported first quarter ended March 29, 2026 results: revenue Revenue of $1,282 million, net income GAAP net income for the first quarter of 2026 was $398.9 million, or $2.53 per diluted share. On a non-GAAP basis, Terad, EPS GAAP EPS of $2.53 and non-GAAP EPS of $2.56.

“$ 1,282 $ 686 $ 1,083 GAAP EPS $ 2.53 $ 0.61 $ 1.63 Non-GAAP EPS $ 2.56 $ 0.75 $ 1.80 NORTH READING, Mass. – April 28, 2026 – Teradyne, Inc . (NASDAQ:TER) reported revenue of $1,282 million for the first quarter of 2026 of which $1,111 million was in Semiconductor Test, $91 million in Robotics, and $80 million in Product Test. GAAP net income for the first quarter”
Governance Changes

TERADYNE, INC: On June 20, 2025, the Board of Directors amended and restated the By-Laws, adjusting director nomination and shareholder proposal notice windows, updating procedural and information requirements for nominations and proposals, clarifying plurality voting standard in contested elections, and clarifyin (effective 2025-06-20).

“In connection with its periodic review of the Amended and Restated By-Laws (the “ By-Laws ”) of Teradyne, Inc. (the “ Company ”), on June 20, 2025, the Board of Directors of the Company amended and restated the By-Laws effective immediately.”

Richard J. Burns retired as President, Semiconductor Test at TERADYNE, INC.

“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.”

Ford Tamer departed as Director at TERADYNE, INC.

“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”
M&A Transactions

TERADYNE, INC completed an acquisition involving Technoprobe S.p.A. and T-Plus S.p.A. for approximately $522 million (closed 2024-05-27).

“On May 27, 2024 (the “Closing Date”), the Investor acquired 65,326,087 shares of Technoprobe, representing 10% of its issued and outstanding shares, comprised of a combination of shares previously owned by T-Plus (2% fully diluted) and shares newly issued by Technoprobe (8% fully diluted) (the “Investment”). The aggregate value of cash consideration paid by the Investor on the Closing Date for the Investment was approximately $522 million.”
Debt Financings

TERADYNE, INC incurred revolving credit of $185.0 million with Truist Bank.

“nt of Registrant As previously disclosed in Teradyne, Inc.’s (the “Company’s”) filings with the Securities and Exchange Commission, the Company is party to a credit agreement dated May 1, 2020 (as amended prior to the date hereof, the “Credit Agreement”) with Truist Bank, as administrative agent and collateral agent, and the lenders party thereto.”
Governance Changes

TERADYNE, INC: Lowered voting requirement for shareholder approval of amendments to Articles of Organization and voluntary dissolution from super-majority to simple majority (effective 2024-05-09).

“At the Annual Meeting, the Company’s stockholders approved amendments to the Company’s Articles of Organization to lower the voting requirement for shareholder approval of an amendment of the Articles of Organization and for approval of a voluntary dissolution of the Company from a super-majority to a simple-majority.”
Shareholder Votes

TERADYNE, INC shareholders approved To ratify the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024.

“The proposal was approved by a vote of stockholders as follows: Votes For Votes Against Votes Abstained 129,272,197 9,739,988 430,378”
Shareholder Votes

TERADYNE, INC shareholders approved To approve an amendment to the Company’s Articles of Organization to lower the voting requirement for approval of an amendment of its Articles of Organization and for approval of a voluntary dissolution of the Company from a super-majority to a simple majority.

“The proposal was approved by a vote of stockholders as follows: Votes For Votes Against Votes Abstained Broker Non-Votes 129,344,611 509,210 103,867 9,484,875”
Shareholder Votes

TERADYNE, INC shareholders approved To approve, in a non-binding, advisory vote, the compensation of the Company’s named executive officers.

“The compensation of the Company’s named executive officers was approved on an non-binding, advisory basis by a vote of stockholders as follows: Votes For Votes Against Votes Abstained Broker Non-Votes 115,813,097 14,029,998 114,593 9,484,875”
Shareholder Votes

TERADYNE, INC shareholders approved Election of eight nominees to the Board of Directors.

“Each nominee for director was elected by a vote of the stockholders as follows: Nominee Votes For Votes Against Votes Abstained Broker Non-Votes Peter Herweck 122,114,472 7,756,799 86,417 9,484,875”
Earnings Releases

TERADYNE, INC reported the first quarter ended March 31, 2024 results: revenue $600 million, net income $64.2 million or $0.40 per diluted share, EPS $0.40 per diluted share.

“on Form 8-K. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Teradyne Reports First Quarter 2024 Results • Revenue and earnings above the high-end of Q1 guidance • Revenue of $600 million in Q1’24, down 3% from Q1’23 • Strong year-over-year growth in memory test offset by continued softness in mobility Q1'24 Q1'23 Q4'23 Revenue (mil) $ 600 $ 618 $ 671 GAAP EPS $”
Earnings Releases

TERADYNE, INC reported the first quarter of 2024 results: revenue $540 million to $590 million, net income $0.19 to $0.35 per diluted share, EPS $0.19 to $0.35 per diluted share. Guidance initiated.

“Guidance for the first quarter of 2024 is revenue of $540 million to $590 million, with GAAP net income of $0.19 to $0.35 per diluted share and non-GAAP net income of $0.22 to $0.38 per diluted share.”
Earnings Releases

TERADYNE, INC reported the fiscal year ended December 31, 2023 results: revenue $2,676 million, EPS $2.73.

“EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Teradyne Reports Fourth Quarter and Fiscal Year 2023 Results • Revenue of $671 million in Q4'23, down 8% from Q4'22 • Revenue of $2,676 million in FY 2023, down 15% from FY 2022 • Record Robotics revenue in Q4'23, up 50% from Q3'23 and 17% from Q4'22 Q4'23 Q4'22 Q3'23 FY 2023 FY 2022 Revenue (mil) $ 671 $ 732 $ 704 $”
Earnings Releases

TERADYNE, INC reported the fourth quarter ended December 31, 2023 results: revenue $671 million, net income $117 million, EPS $0.72 per diluted share.

“reported revenue of $671 million for the fourth quarter of 2023 of which $431 million was in Semiconductor Test, $86 million in System Test, $25 million in Wireless Test and $129 million in Robotics. GAAP net income for the fourth quarter was $117 million or $0.72 per diluted share.”
Governance Changes

TERADYNE, INC: The Board approved Amended and Restated Bylaws effective January 23, 2024, clarifying the ability to hold remote, virtual, or hybrid shareholder meetings (effective 2024-01-23).

“On January 23, 2024, the Board of Directors of Teradyne, Inc. (the “Company”) approved the Company’s Amended and Restated Bylaws (as so amended and restated, the “Amended Bylaws”), effective as of such date. The Amended Bylaws clarify the ability of the Company to hold remote, virtual, or hybrid shareholder meetings as permitted under Massachusetts law.”

Charles J. Gray retired as Vice President and General Counsel at TERADYNE, INC.

“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”).”

Bridget A. van Kralingen was elected as Director at TERADYNE, INC.

“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.”

Charles J. Gray retired as Vice President and General Counsel at TERADYNE, INC.

“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.”
Material Agreements

TERADYNE, INC entered into Investment Agreement with Technoprobe S.p.A., T-Plus S.p.A. valued at approximately $516 million (effective 2023-11-07).

“On November 7, 2023, Teradyne, Inc. (the "Company") entered into an Investment Agreement (the "Investment Agreement") with Technoprobe S.p.A. ("Technoprobe"), T-Plus S.p.A., Technoprobe's controlling shareholder ("T-Plus"), and Teradyne International Holdings, B.V., a wholly owned subsidiary of the Company (the "Investor").”
Earnings Releases

TERADYNE, INC reported the third quarter ended October 1, 2023 results: revenue $704 million, net income $128 million, EPS $0.78 per diluted share.

“reported revenue of $704 million for the third quarter of 2023 of which $498 million was in Semiconductor Test, $83 million in System Test, $37 million in Wireless Test and $86 million in Robotics. GAAP net income for the third quarter was $128 million or $0.78 per diluted share.”
Shareholder Votes

TERADYNE, INC shareholders approved To ratify the selection of the firm of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-05-13 meeting.

“4. To ratify the selection of the firm of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The proposal was approved by a vote of stockholders as follows: Votes For Votes Against Votes Abstained 135,422,584 6,150,000 349,709”
Shareholder Votes

TERADYNE, INC shareholders approved To conduct an advisory vote on the frequency of the stockholder advisory vote on the compensation of the Company’s named executive officers. at the 2023-05-13 meeting.

“3. To conduct an advisory vote on the frequency of the stockholder advisory vote on the compensation of the Company’s named executive officers. The option of holding the advisory vote on the compensation of the Company’s named executive officers every year was approved on an advisory basis by a vote of the stockholders as follows: One Year Two Years Three Years Votes Abstained Broker Non-Votes 130,206,082 45,772 1,560,041 134,276 9,976,122 Consistent with the stated preference of a majority of the Company’s stockholders, the Board of Directors determined that it will hold an annual advisory vote on the compensation of the Company’s named executive officers until the next required vote on the frequency of stockholder votes on compensation of named executive officers, which will occur no later than the Company’s annual meeting of stockholders in 2029.”
Shareholder Votes

TERADYNE, INC shareholders approved To approve, in a non-binding, advisory vote, the compensation of the Company’s named executive officers. at the 2023-05-13 meeting.

“2. To approve, in a non-binding, advisory vote, the compensation of the Company’s named executive officers. The compensation of the Company’s named executive officers was approved on an advisory basis by a vote of stockholders as follows: Votes For Votes Against Votes Abstained Broker Non-Votes 117,955,367 13,794,451 196,353 9,976,122”
Shareholder Votes

TERADYNE, INC shareholders approved To elect the eight nominees named in the Company’s proxy statement filed with the Commission on March 31, 2023, to the Board of Directors to serve as directors for a one-year term. at the 2023-05-13 meeting.

“1. To elect the eight nominees named in the Company’s proxy statement filed with the Commission on March 31, 2023, to the Board of Directors to serve as directors for a one-year term. Each nominee for director was elected by a vote of the stockholders as follows: Nominee Votes For Votes Against Votes Abstained Broker Non-Votes Timothy E. Guertin 121,157,548 10,711,362 77,261 9,976,122 Peter Herweck 125,818,204 6,051,780 76,187 9,976,122 Mercedes Johnson 129,596,390 2,274,067 75,714 9,976,122 Ernest E. Maddock 129,557,450 2,311,282 77,439 9,976,122 Marilyn Matz 109,796,176 22,074,809 75,186 9,976,122 Gregory S. Smith 131,425,261 447,629 73,281 9,976,122 Fouad “Ford” Tamer 131,208,808 658,974 78,389 9,976,122 Paul J. Tufano 124,972,953 6,697,427 275,791 9,976,122”
Governance Changes

TERADYNE, INC: Updated procedural requirements for director nominations by stockholders to comply with SEC's universal proxy rules and other administrative changes (effective 2023-03-24).

“On March 24, 2023, the Board of Directors (the “Board”) of Teradyne, Inc. (the “Company”) approved the Company’s Amended and Restated Bylaws (as so amended and restated, the “Amended Bylaws”), effective as of such date. Among other matters, the Amended Bylaws update certain procedural requirements related to director nominations by stockholders in light of the recently adopted “universal proxy” rules of the U.S. Securities and Exchange Commission (the “SEC”) and reflect certain other administrative changes due to the adoption of the “universal proxy” rules.”

Gregory S. Smith was appointed as Chief Executive Officer at TERADYNE, INC.

“the Company appointed Gregory S. Smith the Chief Executive Officer of the Company effective February 1, 2023, replacing Mark E. Jagiela.”

Gregory S. Smith was appointed as Chief Executive Officer at TERADYNE, INC.

“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.”

Mark E. Jagiela departed as Chief Executive Officer at TERADYNE, INC.

“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.”

Ernest E. Maddock was elected as Director at TERADYNE, INC.

“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.”

Greg Smith was appointed as President at TERADYNE, INC.

“On June 3, 2022, Teradyne, Inc. (“Teradyne” or the “Company”) appointed Greg Smith President of the Company effective July 1, 2022.”

Ford Tamer was elected as Director at TERADYNE, INC.

“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.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.