Teradyne Inc. (NASDAQ: TER) has gained 2.97% in pre-hour session today at $135.00 per share. Teradyne stock finished regular trading session -1.75% down at $131.10. In the last five days, TER stock has advanced 5.50%; however, in the past one month, it has gained over 10.15%. TER stock has been rising due to the release of quarterly results after the closing bell last day.
How TER performed?
Teradyne provides global clients with high-quality innovations such as professional medical devices, smart devices, and data storage systems. TER tests semiconductors, electronic devices, wireless devices and more, by using advanced test solutions. Manufacturers of all sizes improve productivity by using collaboration and mobile robots from TER.
Teradyne released its first-quarter financial report for 2021 after close of trading on Tuesday.
- The $782 million revenue of TER was generated by doing Semiconductor Test of $528 million, System Test of $133 million, Industrial Automation of $80 million, and Wireless Test of $41 million.
- TER had a GAAP net income of $205.5 million or $1.09 per diluted share for the period.
- Net income of TER was $196.2 million, or $1.11 per diluted share, on a non-GAAP basis.
Q2 2021 Outlook:
In its second-quarter guidance from Teradyne (TER), revenue is expected to come in between $1,010 million and $1,090 million. It is estimated that TER’s GAAP net income will be $1.48 to $1.68 per diluted share and its non-GAAP income to be $1.62 to $1.83 per diluted share.