Overview
Semiconductor testing tools maker Teradyne Q3 revenue rises 4% yr/yr to $769 mln, beating analyst expectations
Adjusted EPS for Q3 beats consensus, driven by Semiconductor Test performance
Company expects Q4 revenue to rise 25% sequentially, driven by AI demand
Outlook
Teradyne expects Q4 2025 revenue between $920 mln and $1,000 mln
Company forecasts Q4 2025 GAAP EPS of $1.12 to $1.39
Teradyne anticipates Q4 2025 non-GAAP EPS of $1.20 to $1.46
Result Drivers
SEMICONDUCTOR TEST - Strong performance in Semiconductor Test, especially in System-on-a-Chip solutions for AI applications, drove Q3 results
AI DEMAND - Robust AI-related demand in compute, networking, and memory segments expected to continue into Q4
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $769 mln | $743.77 mln (14 Analysts) |
Q3 Adjusted EPS | Beat | $0.85 | $0.78 (15 Analysts) |
Q3 EPS | $0.75 | ||
Q3 Adjusted Net Income | Beat | $135.90 mln | $124.17 mln (12 Analysts) |
Q3 Net Income | $119.60 mln |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy", 6 "hold" and 3 "sell" or "strong sell"
The average consensus recommendation for the semiconductor equipment & testing peer group is "buy."
Wall Street's median 12-month price target for Teradyne Inc is $135.00, about 9.3% below its October 27 closing price of $147.50
The stock recently traded at 34 times the next 12-month earnings vs. a P/E of 23 three months ago
Press Release: ID:nBw7VMCXna
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)