Teradyne Inc. (TER) reported third-quarter net income of $222.7 million or $1.21 per share, up from $135.9 million or $0.75 per share last year.
Adjusted earnings for the third quarter increased to $1.18 per share from $0.77 per share last year. On average, 16 analysts polled by Thomson Reuters expected earnings of $1.12 per share for the quarter. Analysts' estimates typically exclude special items.
Third-quarter revenues were $819.48 million, up from $582.04 million. Analysts had a consensus revenue estimate of $770.29 million.
Looking forward to the fourth quarter, the company expects revenues of $680 million to $740 million and adjusted earnings of $0.90 to $1.06 per share. Analysts currently estimate earnings of $0.50 per share on revenues of $543.07 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.