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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.