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Teradyne Inc. (NASDAQ:TER) reported first-quarter results after Tuesday’s closing bell, beating analyst estimates on the top and bottom lines.
Here’s a look at the details inside the report.
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Q1 Details
Teradyne reported quarterly earnings of $2.56 per share, beating the consensus estimate of $2.10 by 21.9%, according to Benzinga Pro data.
Quarterly revenue came in at $1.28 billion, which beat the Street estimate of $1.21 billion and was up from $685.68 million in the same period last year.
Teradyne said that its record-breaking quarterly results were “driven by AI-related demand strength across compute segments …
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