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Teradyne logoTeradyne TER

The company said revenue for Q1 2025 was $686 million, of which Semiconductor Test accounted for $543 million, Robotics $69 million and Product Test $74 million. It said revenue was up 14% from Q1 24.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said revenue for Q1 2025 was $686 million, of which Semiconductor Test accounted for $543 million, Robotics $69 million and Product Test $74 million. It said revenue was up 14% from Q1 24.

  2. Teradyne said GAAP net income for Q1 was $98.9 million ($0.61 per diluted share) and non-GAAP net income was $121.5 million ($0.75 per diluted share). Non-GAAP results excluded acquired intangible asset amortization and restructuring and other charges, and reflected the related tax impact.

  3. The company gave guidance for revenue of $610 million to $680 million for Q2 2025, GAAP diluted EPS of $0.35 to $0.58, and non-GAAP diluted EPS of $0.41 to $0.64.

  4. The company said it is increasing the share repurchase program from a target of $400M in 2025 to up to $1B, to be completed by the end of 2026. For Q1, repurchases of common stock in the cash flow statement totaled $157,475 thousand.

Summary

AI-written

Analysis 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.

Teradyne Q1 revenue of $686 million up 14% year over year

The company said revenue for Q1 2025 was $686 million, of which Semiconductor Test accounted for $543 million, Robotics $69 million and Product Test $74 million. It said revenue was up 14% from Q1 24.

Source · Based on the filing body and exhibits

GAAP net income $98.9 million, non-GAAP net income $121.5 million

Teradyne said GAAP net income for Q1 was $98.9 million ($0.61 per diluted share) and non-GAAP net income was $121.5 million ($0.75 per diluted share). Non-GAAP results excluded acquired intangible asset amortization and restructuring and other charges, and reflected the related tax impact.

Source · Based on the filing body and exhibits

Teradyne Q2 outlook: revenue $610 million to $680 million

The company gave guidance for revenue of $610 million to $680 million for Q2 2025, GAAP diluted EPS of $0.35 to $0.58, and non-GAAP diluted EPS of $0.41 to $0.64.

Source · Based on the filing body and exhibits

Share repurchase program expanded to up to $1B

The company said it is increasing the share repurchase program from a target of $400M in 2025 to up to $1B, to be completed by the end of 2026. For Q1, repurchases of common stock in the cash flow statement totaled $157,475 thousand.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.