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Barchart
Barchart
Sohini Mondal

What You Need To Know Ahead of Teradyne's Earnings Release

TER Teradyne

With a market cap of $20.4 billion, North Reading, Massachusetts-based Teradyne, Inc. (TER) is a leading provider of automated test equipment and robotics solutions. The company primarily serves the semiconductor, defense, storage, and wireless test markets with cutting-edge testing platforms and robotics products worldwide. The company is expected to announce its Q3 earnings on Wednesday, Oct. 23.

Ahead of the event, analysts expect Teradyne to report a profit of $0.78 per share, down 2.5% from $0.80 per share reported in the year-ago quarter. The company has surpassed Wall Street’s EPS projections in the past four quarters. In the last reported quarter, TER exceeded the consensus estimates by 13.2%.

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