Teradyne sees weak quarterly revenue on lower chip-testing demand
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Teradyne (TER) slumps 8% on disappointing Q1 guidance
January 31, 2024 7:10 AM ESTShares 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
