24.04.2024 23:56:10 - dpa-AFX: Teradyne Inc. Q1 Profit Decreases, but beats estimates

WASHINGTON (dpa-AFX) - Teradyne Inc. (TER) revealed earnings for first
quarter that decreased from last year but beat the Street estimates.

The company's earnings totaled $64.2 million, or $0.40 per share. This compares with $83.5 million, or $0.50 per share, in last year's first quarter.

Excluding items, Teradyne Inc. reported adjusted earnings of $0.51 per share for
the period.

Analysts on average had expected the company to earn $0.33 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 2.9% to $599.8 million from $617.5
million last year.

Teradyne Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $64.2 Mln. vs. $83.5 Mln. last year.
-EPS (Q1): $0.40 vs. $0.50 last year.
-Revenue (Q1): $599.8 Mln vs. $617.5 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 131,640 03.06.24 08:07:35 +4,820 +3,80% 0,000 0,000 131,640 126,820

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