BUZZ-Teradyne falls after forecasting downbeat Q1 revenue on softening demand
ReutersJan 30, 2025 12:31 PM
Shares of semiconductor-testing equipment maker Teradyne TER.O down 1.6% at $120.10 before the bell
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
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