Feb. 3 at 4:12 PM
Teradyne shares jumped after the company delivered fourth-quarter results that comfortably beat expectations, fueled by strong artificial intelligence-related demand in compute and memory markets. The robotics and semiconductor testing equipment provider reported adjusted earnings of
$1.80 per share on revenue of
$1.08 billion, reflecting a 44% year-over-year revenue increase and surpassing analyst estimates.
Growth was largely driven by rising demand for advanced semiconductor testing solutions tied to AI infrastructure expansion. The company highlighted strong momentum in compute, particularly from customers building AI-focused data center and memory capabilities.
Teradyne also issued upbeat first-quarter guidance, forecasting adjusted earnings between
$1.89 and
$2.26 per share and revenue ranging from
$1.15 billion to
$1.25 billion, both well above market expectations.
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