Teradyne (TER) Tops Q3 EPS by 16c, Offers Guidance

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Go back to Teradyne (TER) Tops Q3 EPS by 16c, Offers Guidance

Teradyne (TER) Stock Soars on Three Upgrades Following Earnings, Including a Double Upgrade at UBS

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

UPDATE: Craig-Hallum Upgrades Teradyne (TER) to Buy, Sees Front End, Back End 1-2 Punch

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