Teradyne climbs in pre-market on record quarterly revenue and Q3 guidance beat
TER Teradyne Inc
$319.41 -0.39%
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- 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.
- 2Q2 adjusted EPS of $2.47 and revenue of $1.33 billion topped estimates of approximately $2.06 and $1.22 billion, respectively.
- 3The midpoint of its Q3 revenue outlook is roughly 21% above expectations, and the CEO said this reflects strong AI-related demand.
This 3-line summary is compiled from the report below.
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