Teradyne Reports Third Quarter 2021 Results
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October 28, 2021 8:20 AM EDT
Shares of Teradyne (NASDAQ: TER) are up over 3% in pre-open Thursday on three upgrades following earnings the company reported on Tuesday.
Teradyne reported Q3 EPS of $1.59 to top the analyst estimate of $1.43. Revenue for the quarter came in at $951 million versus the consensus estimate of $932.88 million.
Demand for both our Test and Industrial Automation products remained strong in Q3 and we delivered our eighth consecutive quarter of double-digit, year on year revenue and profit growth. Higher than expected test shipments... More
October 28, 2021 7:43 AM EDT
(Updated - October 28, 2021 9:32 AM EDT)
Craig-Hallum analyst Christian Schwab upgraded Teradyne (NASDAQ: TER) from Hold to Buy with a price target of $138.00.after the company reported better than expected results on core semi-test continuing to execute well. This led management to... More
