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Technology Stocks : Semi Equipment Analysis

SOXX 328.78

+2.9%

Jan 9 4:00 PM EST

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From: Return to Sender	7/24/2024 8:21:57 PM
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Teradyne Q2 Non-GAAP Earnings, Revenue Rise, Sets Q3 Outlook -- Shares Fall 5:12 PM ET 7/24/24 \| MT Newswires Teradyne Q2 Non-GAAP Earnings, Revenue Rise, Sets Q3 Outlook -- Shares Fall05:12 PM EDT, 07/24/2024 (MT Newswires) -- Teradyne (TER) reported Q2 non-GAAP earnings late Wednesday of $0.86 per diluted share, up from $0.79 per share a year earlier. Analysts polled by Capital IQ expected $0.77. Net revenue for the quarter ended June 30 increased to $729.9 million from $684.4 million a year earlier. Analysts surveyed by Capital IQ expected $701.1 million. For Q3, the company said it expects non-GAAP EPS of $0.66 to $0.86 on revenue of $680 million to $740 million. The consensus is for normalized EPS of $0.86 on revenue of $716.4 million. Teradyne shares were down more than 7% in after-hours trading. Price: 132.50, Change: -11.04, Percent Change: -7.69

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