Welcome to our dedicated page for Teradyne news (Ticker: TER), a resource for investors and traders seeking the latest updates and insights on Teradyne stock.
Teradyne, Inc. (NASDAQ:TER) is a global leader in delivering advanced test solutions and industrial automation equipment. The company's core business focuses on providing state-of-the-art automated test equipment (ATE) for semiconductors, wireless products, data storage devices, and complex electronic systems. Teradyne's customers span across diverse sectors, including consumer electronics, communications, industrial applications, and government entities.
Semiconductor Testing: Teradyne is the world's largest supplier of semiconductor test equipment, catering to logic, RF, analog, power, mixed-signal, and memory technologies. This division supports vertically integrated, fabless, and foundry chipmakers, ensuring high-quality performance of semiconductor products.
System Testing: The System Test Group at Teradyne offers comprehensive testing solutions for hard disk drives, circuit boards, and complex electronic systems. This segment serves leading original equipment manufacturers (OEMs), electronics manufacturing services (EMS) suppliers, and data storage firms globally.
Wireless Testing: Teradyne's wireless test solutions are critical for ensuring the reliability of wireless devices, which are integral to modern communication systems.
Industrial Automation: Since entering the industrial automation market in 2015, Teradyne has expanded its portfolio to include collaborative robots, which are used by manufacturers to enhance productivity, improve quality, and increase operational efficiency. The company’s robotics offerings include collaborative and mobile robots under the brands Universal Robots and Mobile Industrial Robots (MiR).
Financial Performance: In 2023, Teradyne reported revenue of $2.7 billion and employs over 6,600 people worldwide. Recent financial highlights include Q4 2023 revenue of $671 million and a GAAP net income of $117 million.
Partnerships and Acquisitions: A strategic partnership with Technoprobe S.p.A. aims to accelerate growth in semiconductor test interfaces, highlighting Teradyne's commitment to innovation. This includes an equity investment of approximately $516 million in Technoprobe and the acquisition of Teradyne’s Device Interface Solutions (DIS) business for $85 million.
Key Achievements: Teradyne reached a significant milestone with the shipment of its 8,000th J750 semiconductor test platform, demonstrating its leading position in the semiconductor test industry.
Leadership and Innovation: Teradyne continues to drive advancements in AI and robotics, recently appointing James Davidson as Chief Artificial Intelligence Officer to enhance its AI capabilities.
For the latest updates and detailed financials, visit the Teradyne Investor Relations page.
Teradyne, Inc. (NASDAQ: TER) announced a quarterly cash dividend of $0.11 per share, payable on June 17, 2022, to shareholders of record as of May 25, 2022. In 2021, Teradyne generated $3.7 billion in revenue and employs over 6,000 staff worldwide. The company specializes in high-quality innovations, including semiconductors and automation technologies. Future dividend declarations are subject to board approval.
Teradyne reported Q1 2022 revenue of $755 million, a 3% decline year-over-year, with earnings per share of $0.92 (GAAP) and $0.98 (non-GAAP). Semiconductor Test contributed $482 million, while Industrial Automation grew 29% to $103 million. Despite short-term supply constraints, demand in test markets, particularly in automotive and Flash memory, is improving. For Q2 2022, Teradyne anticipates revenue between $780 million and $870 million, with adjusted EPS ranging from $0.96 to $1.25.
Teradyne, Inc. (NASDAQ:TER) announced the shipment of its 7,000th J750 semiconductor test platform unit to Nations Technologies, a leading Chinese MCU and security IC chip maker. The J750, produced in China and Japan, enhances testing efficiency for various semiconductor applications, ensuring high quality and timely product delivery. Celebrated for its performance, the J750 includes award-winning IG-XL software, enabling faster program development. Teradyne has maintained a presence in China for over 20 years, solidifying its partnership with Nations, a trusted leader in the cashless transactions market.
Teradyne, Inc. (NASDAQ: TER) will announce its first-quarter financial results for 2022 on April 26 at 5:00 p.m. ET, followed by a conference call to discuss the results and business outlook on April 27 at 8:30 a.m. ET. Investors are encouraged to join the webcast five minutes prior to the call, with presentation materials available at that time. A replay will be accessible on the Teradyne website.
In 2021, Teradyne generated $3.7 billion in revenue and employed over 6,000 worldwide. The company specializes in advanced test solutions and industrial automation.
Universal Robots reported record annual revenue of USD 311M, marking a 41% increase from 2020 and a 23% rise from 2019. Q4 revenue also set new records, up 22% compared to Q4 2020 and 28% above Q4 2019. The company’s growth is attributed to trends like workforce shortages and increased automation awareness. President Kim Povlsen highlighted the production team’s achievement of building 400 cobots in a week despite global supply challenges. Strong demand for collaborative robots is expected to continue into 2022, driven by an expanding ecosystem of over 1,000 partners.
Teradyne (NASDAQ: TER) reported $885 million in revenue for Q4’21, marking a 17% increase from Q4’20. For FY 2021, sales rose 19%. GAAP EPS reached $1.29 in Q4, up 30% year-over-year. The company highlighted strong performance in its Semiconductor Test and Industrial Automation segments, with Universal Robots and MiR contributing significantly to growth of over 40% for the year. Teradyne anticipates $700 million to $770 million in revenue for Q1 2022, and plans to repurchase at least $750 million in shares in 2022.
Teradyne (NASDAQ: TER) has scheduled the release of its financial results for the fourth quarter and full year 2021 on January 26, 2022, at 5:00 PM ET. A conference call to discuss these results and management's business outlook will take place the following day at 8:30 AM ET. Interested investors can access the webcast and presentation materials via the company's investor relations page. The replay will also be available post-event. For further information, Teradyne specializes in advanced testing solutions across various sectors.
Teradyne (NASDAQ: TER) has announced a quarterly cash dividend of $0.10 per share, scheduled for payment on December 17, 2021. Shareholders of record as of November 24, 2021 will be eligible to receive this dividend. In 2020, Teradyne reported revenue of $3.1 billion and employs over 5,700 people globally. The company remains committed to delivering advanced test solutions and industrial automation technologies.
Universal Robots has announced record Q3 2021 revenue of USD 78 million, representing a 46% increase year-over-year and a 31% increase compared to Q3 2019. The company attributes this growth to rising demand for collaborative automation in the manufacturing sector, driven by challenges such as workforce shortages and supply chain disruptions. With over 50,000 cobots sold since 2008, Universal Robots is expanding its distributor network and recruiting to meet ongoing demand, with over 70 open positions currently available.
Teradyne, Inc. (NASDAQ: TER) reported Q3 2021 revenue of $951 million, a 16% increase from Q3 2020. GAAP earnings per share (EPS) rose to $1.41, marking a 17% year-over-year growth. Non-GAAP EPS grew by 35% to $1.59. Semiconductor Test revenue hit $688 million, and Industrial Automation increased by 32%. For Q4 2021, revenue guidance is set between $820 million and $900 million, projecting a 10% growth over Q4 2020. Full-year expectations include an 18% revenue increase and a 28% rise in GAAP EPS.
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