Teradyne Third Quarter 2024 Earnings: Beats Expectations

Teradyne (NASDAQ:TER) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$737.3m (up 4.8% from 3Q 2023).
• Net income: US$145.6m (up 14% from 3Q 2023).
• Profit margin: 20% (up from 18% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: US$0.89 (up from US$0.83 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Teradyne Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 19%.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Semiconductor industry in the US.

Performance of the American Semiconductor industry.

The company's shares are down 13% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Teradyne you should know about.

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