Teradyne Inc. (TER) posted third quarter GAAP income from continuing operations of $6.7 million or $0.04 per share, compared to a loss of $23.4 million or $0.14 per share in the prior year period.
Income from continuing operations excluding restructuring charges, acquired intangible asset amortization and special items was $24.8 million or $0.14 per share, compared to $15.1 million or $0.09 per share in last year quarter.
On average, 13 analysts polled by Thomson Reuters expected the company to report earnings of $0.11 per share. Analysts' estimates typically exclude special items.
Revenue for the period was $262.2 million, compared to $297.3 million in the same period last year. Eight Wall Street analysts expected revenues of $255.92 million.
Looking forward, for the fourth quarter, the company expects GAAP net income per share between $0.04 and $0.09. Non-GAAP net income per share is estimated to be in the range of $0.12 to $0.17. Revenue is forecast in the range of $255 million to $270 million.
Street analysts expect earnings of $0.12 per share on revenues of $251.91 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.