27.07.2023 00:07:01 - dpa-AFX: Teradyne Inc. Q2 Profit Decreases, but beats estimates

WASHINGTON (dpa-AFX) - Teradyne Inc. (TER) released a profit for second
quarter that decreased from the same period last year but beat the Street
estimates.

The company's earnings totaled $120.05 million, or $0.73 per share. This
compares with $197.79 million, or $1.16 per share, in last year's second
quarter.

Excluding items, Teradyne Inc. reported adjusted earnings of $129.0 million or
$0.79 per share for the period.

Analysts on average had expected the company to earn $0.66 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 18.6% to $684.44 million from $840.77
million last year.

Teradyne Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $120.05 Mln. vs. $197.79 Mln. last year.
-EPS (Q2): $0.73 vs. $1.16 last year.
-Analyst Estimates: $0.66
-Revenue (Q2): $684.44 Mln vs. $840.77 Mln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
TERADYNE INC. DL-,125 859892 Frankfurt 135,920 14.06.24 08:01:18 +0,360 +0,27% 0,000 0,000 135,920 135,920

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