Teradyne (TER) Tops Q1 EPS by 12c, Offers Q2 Guidance

Teradyne (NASDAQ: TER) reported Q1 EPS of $1.00, $0.12 better than the analyst estimate of $0.88. Revenue for the quarter came in at $704 million versus the consensus estimate of $678.81 million.

GUIDANCE:

Teradyne sees Q2 2020 EPS of $0.86-$1.16, versus the consensus of $0.80. Teradyne sees Q2 2020 revenue of $690-800 million, versus the consensus of $646.81 million.

• Guidance for the second quarter of 2020 is revenue of $690 million to $800 million, with GAAP net income of $0.76 to $1.05 per diluted share and non-GAAP net income of $0.86 to $1.16 per diluted share. Non-GAAP guidance excludes acquired intangible asset amortization, non-cash convertible debt interest and includes the related tax impact on non-GAAP adjustments.

For earnings history and earnings-related data on Teradyne (TER) click here.

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