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Teradyne climbs in pre-market on record quarterly revenue and Q3 guidance beat

InvestorsHub +7 ·

TER Teradyne Inc
$444.53 -1.00%
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  1. 1Teradyne (TER) shares rose 4.4% in pre-market trading after posting record quarterly revenue for the second consecutive quarter and issuing Q3 guidance that significantly exceeded expectations.
  2. 2Q2 adjusted EPS of $2.47 and revenue of $1.33 billion topped estimates of approximately $2.06 and $1.22 billion, respectively.
  3. 3The midpoint of its Q3 revenue outlook is roughly 21% above expectations, and the CEO said this reflects strong AI-related demand.

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