Teradyne falls after forecasting downbeat Q1 revenue on softening demand

Teradyne

30/01/2025 15:38

(Updates)
    ** Shares of semiconductor-testing equipment maker Teradyne
 TER.O  down as much as 17.4% to nearly nine-month low of
$100.77
    ** Co forecast Q1 revenue between $660 million and $700
million after market close on Wednesday, largely below analysts'
average estimate of $694 million - data compiled by LSEG
    ** Co also sees Q1 adjusted EPS between 58 cents and 68
cents vs estimates of 63 cents
    ** Dour forecasts follow Q4 results that beat estimates,
signaling softening demand
    ** TER rose ~16% in 2024

 (Reporting by Neil J Kanatt in Bengaluru)
 ((Neil.JKanatt@thomsonreuters.com;))