Teradyne Reports Fourth Quarter and Fiscal Year 2023 Results

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Teradyne (TER) slumps 8% on disappointing Q1 guidance

January 31, 2024 7:10 AM EST

Shares of Teradyne Inc. (NASDAQ: TER) plunged more than 8% in premarket trading Wednesday after the test equipment designer issued a Q1 earnings guidance that fell short of Wall Streets estimates.

For Q4, the company reported adjusted earnings per share (EPS) of 79c, beating the consensus estimates of 72c. Net revenue came in at... More