Earnings Results
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…
