Teradyne (TER) Tops Q3 EPS by 4c; Guides Q4 Below the Street

Teradyne (NYSE: TER) reported Q3 EPS of $0.44, $0.04 better than the analyst estimate of $0.40. Revenue for the quarter came in at $78 million versus the consensus estimate of $466.7 million.

Teradyne sees Q4 2014 EPS of $0.08-$0.14, versus the consensus of $0.17. Teradyne sees Q4 2014 revenue of $305-330 million, versus the consensus of $331.74 million.

“The continued strong build out of electronics test capacity, combined with our market share gains, has driven our semiconductor test orders and revenue up over 30% year-to-date when compared with the same period in 2013,” said CEO and President Mark Jagiela. “As we enter the seasonally slower fourth quarter period, we’re encouraged by share gains at LitePoint in cellular and NFC test, broad adoption of new flash, System-on-a-Chip and production board test products, and improving results in analog test. At the mid-point of our Q4 guidance, we’ll end the full year with double digit growth in both revenue and earnings for the company.”

For earnings history and earnings-related data on Teradyne (TER) click here.

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