Teradyne (TER) Q1 Earnings Top Estimates, Revenues Fall Y/Y

Teradyne (TER) reported first-quarter 2024 earnings of 51 cents per share, surpassing the Zacks Consensus Estimate by 54.55% but declining 7.3% year over year. Revenues of $600 million beat the Zacks Consensus Estimate by 4.9% but declined 2.9% year over year. Quarter Details Revenues from Semiconductor Test platforms, System Test business, Wireless Test business and Robotics were$ 412 million (68.7% of total revenues), $75 million (12.5%),$ 25 million (4.2%) and $88 million (14.7%), respectively. Strong mo ...