- Teradyne’s adjusted earnings per share (EPS) for the fourth quarter was 95 cents, surpassing the estimated 90 cents.
- Net revenue reached $752.9 million, marking a 12% increase compared to the previous year and exceeding the estimate of $740.9 million.
- Engineering and development expenses rose by 26% year-over-year to $128.4 million, above the forecasted $117.8 million.
- The Semiconductor Test segment reported revenue of $561 million, significantly higher than the projected $503.5 million.
- Adjusted net income for the quarter was $155.0 million, beating the estimate of $148.1 million.
- For the first quarter, Teradyne forecasts an adjusted EPS between 58 cents and 68 cents, against an estimate of 62 cents.
- Projected revenue for the first quarter is between $660 million and $700 million, with an estimate of $693.2 million.
- The company noted strong fourth-quarter results, primarily driven by demand in their Semiconductor Test business.
- Out of the analysts’ recommendations, there are 13 buy ratings, 2 hold ratings, and 3 sell ratings.
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Teradyne Inc on Smartkarma
Analysts at Baptista Research on Smartkarma have provided insightful coverage of Teradyne Inc, a company experiencing significant growth in key segments. In the report titled “Teradyne Inc.: Expanding TAM in Key Cyclical Segments & Other Major Drivers,” the analyst highlights the company’s strong performance in the third quarter driven by increased demand in Cloud AI applications. They specifically mention the outperformance of the Semi Test business, fueled by demands for High Bandwidth Memory and network device testing for AI applications in data centers. Baptista Research further aims to evaluate various factors influencing the company’s future stock price through a Discounted Cash Flow (DCF) valuation.
In another report titled “Teradyne Inc.: Expansion into High-Payload Robotics and Channel Growth Is A Critical Growth Lever! – Major Drivers,” Baptista Research discusses Teradyne’s performance in the second quarter of 2024. Despite facing challenges from segment-specific dynamics and macroeconomic factors, the company reported strong results in the System on Chip and Memory segments driven by demand from cloud AI applications. The analysts also note the company’s success in the Compute sector, attributed to the dense network requirements of AI data centers. Baptista Research provides valuable insights into Teradyne’s strategic growth initiatives and potential growth drivers.
A look at Teradyne Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Teradyne Inc has a mixed outlook for the long-term. While the company scores moderately in terms of value and dividend, its growth potential and momentum are slightly higher. Teradyne Inc‘s resilience score stands out, indicating a strong ability to weather economic uncertainties and market fluctuations. This suggests that the company may be well-positioned to overcome challenges and maintain stability in the long run.
Teradyne, Inc. is a global company that specializes in designing, manufacturing, and selling semiconductor test products and services. Their product range includes semiconductor test systems, military/aerospace test instrumentation, circuit-board test and inspection systems, and automotive diagnostic and test systems. With a focus on innovation and quality, Teradyne Inc aims to cater to the diverse needs of the semiconductor industry and beyond.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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