Teradyne shares fall 7% after forecasting another drop in revenue
TERTeradyne(TER) Market Watch·2024-01-31 08:44

Shares of Teradyne declined in post-market trading on Tuesday after it warned of weaker demand for some systems and forecast another drop in revenue. The stock TER, -1.40% was down 7.3% to 97.00inafterhourstrading,andlost1.497.00 in after-hours trading, and lost 1.4% to fall to 104.59 at the close. Shares are down 2.8% in the past year. The automatic testing-equipment maker said it expects first-quarter revenue of 540millionto540 million to 590 million, a fall of about 4.5% to 12.5% from the same period a year earlier. Analysts polled by FactSet exp ...