16 C
Ottawa
Friday, April 25, 2025

Earnings Results: Teradyne stock rallies nearly 7% as demand from auto, industrial customers supports strong outlook

Date:

Earnings Results


Thank you for reading this post, don't forget to subscribe!

Outlook beat a welcome surprise as ‘sentiment heading into the print was not positive,’ TD Cowen analyst remarks ahead of call with execs

Teradyne’s UltraFlex chip testing system.


Teradyne

Teradyne Inc. shares rallied in the extended session Wednesday after the electronic testing equipment maker’s strong outlook based on auto and industrial demand sailed past Wall Street estimates, and analysts debated how much influence the iPhone maker had on the forecast.

Teradyne TER shares rallied as much as 7% after hours, following a 1.1% decline in the regular session to close at $93.33. The company is scheduled to hold a conference call with analysts at 8:30 a.m. Eastern on Thursday.

The…

know more

Popular

More like this
Related

Could tariffs slow down fast fashion and help the environment? Don’t count on it.

Please enable JS and disable any ad blockerknow more

‘Bond king’ Jeffrey Gundlach predicts our next financial hangover — and it’s sobering

Please enable JS and disable any ad blockerknow more

Amorim vows more of ‘the same’ at Man Utd after awful Everton display

Ruben Amorim has picked out the “worst part” of their draw with Everton while claiming Manchester United “didn’t exist” before a late comeback at Goodison Park. Some deplorable United defending saw Everton dominate the first half and storm into a two-goal lead thanks to Beto’s opener after some pinball in the box following a corner

In his closing pitch, Poilievre paints a dark picture of Canada if Liberals are re-elected

PoliticsConservative Leader Pierre Poilievre painted a gloomy picture of...