AI English summary of an SEC filing — figures as filed
Teradyne said revenue for Q1 2024 was $600 million, of which Semiconductor Test was $412 million, System Test was $75 million, Wireless Test was $25 million and Robotics was $88 million.
Key points
AI summaryTeradyne said revenue for Q1 2024 was $600 million, of which Semiconductor Test was $412 million, System Test was $75 million, Wireless Test was $25 million and Robotics was $88 million.
The company said GAAP net income for Q1 was $64.2 million ($0.40 per diluted share) and non-GAAP net income was $82.5 million ($0.51 per diluted share). Non-GAAP results excluded stock compensation modification expense, acquired intangible asset amortization, restructuring and other charges, and losses on foreign exchange options tied to acquisitions and divestitures.
Teradyne gave guidance for Q2 2024 of revenue of $665 million to $725 million, GAAP diluted earnings per share of $0.90 to $1.10 and non-GAAP diluted earnings per share of $0.64 to $0.84.
The cash flow statement showed net cash provided by operating activities of $7,279 thousand for Q1, and the company said it used $22,117 thousand for share repurchases and $18,370 thousand for dividend payments.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q1 Revenue of $600 million, by Segment
Teradyne said revenue for Q1 2024 was $600 million, of which Semiconductor Test was $412 million, System Test was $75 million, Wireless Test was $25 million and Robotics was $88 million.
Source · Based on the filing body and exhibits
Q1 GAAP Net Income of $64.2 million, Non-GAAP Net Income of $82.5 million
The company said GAAP net income for Q1 was $64.2 million ($0.40 per diluted share) and non-GAAP net income was $82.5 million ($0.51 per diluted share). Non-GAAP results excluded stock compensation modification expense, acquired intangible asset amortization, restructuring and other charges, and losses on foreign exchange options tied to acquisitions and divestitures.
Source · Based on the filing body and exhibits
Q2 Revenue and EPS Outlook
Teradyne gave guidance for Q2 2024 of revenue of $665 million to $725 million, GAAP diluted earnings per share of $0.90 to $1.10 and non-GAAP diluted earnings per share of $0.64 to $0.84.
Source · Based on the filing body and exhibits
Q1 Operating Cash Flow and Shareholder Returns
The cash flow statement showed net cash provided by operating activities of $7,279 thousand for Q1, and the company said it used $22,117 thousand for share repurchases and $18,370 thousand for dividend payments.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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