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) will announce its third quarter 2021 financial results on October 26, 2021, at 5:00 p.m. ET. A conference call discussing the results and the management's business outlook is scheduled for October 27, 2021, at 8:30 a.m. ET. Investors can access the webcast on the company's investor relations website and presentation materials will be available at that time. A replay of the call will also be accessible on the Teradyne website.
Teradyne, Inc. (NASDAQ:TER) has announced the election of Ford Tamer to its Board of Directors, effective November 8, 2021. Tamer, a veteran in the semiconductor industry, brings over 30 years of experience, having led INPHI Corporation until its acquisition by Marvell Technology. His expertise is expected to enhance Teradyne's leadership as the company aims to maintain its leading position in electronic test equipment and advanced industrial automation. Tamer also joins the Audit Committee, signaling confidence in his financial oversight capabilities.
Teradyne, Inc. (NASDAQ:TER) announced its TUGx Global Seminars will commence in October, featuring multiple days of presentations led by Teradyne experts. Each event will cover test strategies, new instruments, software capabilities, and best practices for testing applications. The Teradyne Users Group (TUG) has evolved to include these global seminars since its inception in 1983, catering to customer requests for localized events. Participants can register for a TUGx Seminar via Teradyne's website.
Teradyne (NASDAQ: TER) has announced a quarterly cash dividend of $0.10 per share, payable on September 24, 2021. Shareholders of record as of the close of business on September 1, 2021 will be eligible for this dividend. In 2020, Teradyne reported a revenue of $3.1 billion and currently employs 5,600 individuals. The company focuses on high-quality innovations in testing solutions and industrial automation, contributing to productivity improvements for manufacturers.
Teradyne reported a revenue of $1,086 million for Q2’21, a 29% increase from Q2’20 and 92% from Q2’19. The GAAP gross margin rose to 59.6%, up from 56.2% in the previous year. GAAP earnings per share increased 68% from Q2’20 to $1.76 and non-GAAP EPS grew 44% to $1.91. The Semiconductor Test sector contributed $834 million to the revenue, while Industrial Automation revenue surged 57% year-over-year. Q3 guidance anticipates revenue between $880 million to $960 million, indicating continued growth.
Teradyne, Inc. (NASDAQ: TER) will announce its financial results for Q2 2021 on July 27, 2021, at 5:00 p.m. ET. Following this, a conference call discussing the results and management's outlook is scheduled for July 28, at 8:30 a.m. ET. Interested investors can join the webcast via the company’s investor site. In 2020, Teradyne reported revenues of $3.1 billion and employs 5,600 people globally. For further information, visit teradyne.com.
Teradyne, Inc. (NASDAQ:TER) has announced the election of Paul Tufano as the new Chair of the Board, succeeding Roy Vallee, who has retired. Tufano has been a board member since 2005 and was previously CEO of Benchmark Electronics. Mark Jagiela, President and CEO, praised Tufano's leadership in guiding Teradyne's transformation over 15 years. Teradyne specializes in advanced test solutions and industrial automation, with reported revenue of $3.1 billion in 2020 and approximately 5,500 employees globally.
Teradyne, Inc. (NASDAQ: TER) announced a quarterly cash dividend of $0.10 per share, to be paid on June 18, 2021, to shareholders of record by the close of business on May 26, 2021. In 2020, the company generated $3.1 billion in revenue and employs 5,500 people globally. Teradyne specializes in providing advanced testing solutions for a variety of technologies and offers industrial automation products, including collaborative robots aimed at enhancing productivity. Forward-looking statements regarding dividends and financial performance are subject to board approval.
Teradyne, Inc. (NASDAQ: TER) reported Q1 2021 revenue of $782 million, marking an 11% increase from Q1 2020. Semiconductor Test revenue was $528 million, while Industrial Automation grew 33% year-over-year. Q2 2021 guidance projects revenue between $1,010 million and $1,090 million, anticipating GAAP net income per share of $1.48 to $1.68. The company sees strong demand in automotive and industrial sectors and expects continued growth in both test and automation businesses.
Teradyne, Inc. (NASDAQ: TER) will announce its first quarter 2021 financial results on April 27, 2021, at 5:00 p.m. ET. A subsequent conference call for investors will take place on April 28, 2021, at 8:30 a.m. ET, where management will discuss the results and provide business outlook.
Investors can access the webcast by visiting investors.teradyne.com/events-presentations.
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