Teradyne revised its Q4 2024 earnings guidance with lower EPS and revenue estimates.

Teradyne, Inc. has revised its Q4 2024 earnings guidance, projecting EPS of $0.80 to $0.97 and revenue between $710 million and $760 million, lower than prior estimates. The company's stock fell by $0.93 to $124.43. In Q3 2024, Teradyne reported $737 million in revenue, a 5% increase year-over-year, driven by AI demand. The firm announced a quarterly dividend of $0.12 per share and has a market cap of $19.43 billion.

October 23, 2024
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