Teradyne Q2 Revenue Doubles to $1.33B, Crushing Estimates; Stock Surges 13%
TER has more than doubled off its 52-week low of $89.18.
Summary
Teradyne delivered a blowout Q2: revenue more than doubled year-over-year to $1.33 billion, beating the $1.22 billion consensus, while adjusted EPS of $2.47 trounced the $2.09 estimate. Record memory test revenue drove the beat, fueled by sustained DRAM strength and a NAND final test resurgence. The company also issued Q3 revenue guidance of $1.2–$1.3 billion, reflecting robust AI-related demand. Shares jumped 13.4% after hours, adding to a year that has already seen the stock re-rate from 44x to 36x forward earnings. The upbeat forecast and strong chip equipment demand further boosted investor sentiment.
At the time of this announcement, TER was trading at $360.01 on NASDAQ in the Technology sector, with a market capitalization of approximately $50.2B. The 52-week trading range was $89.18 to $487.91. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.