Teradyne reports Q1 EPS $2.56, consensus $2.11

Reports Q1 revenue $1.28B, consensus $1.21B. “Our Q1 results reached a new record high. With approximately 70% of our revenue tied to AI-related demand, our results reflect the strength of our wafer to AI data center strategy. All of our business groups – Semiconductor Test, Product Test, and Robotics – delivered strong year-over-year growth which we expect to continue with robust AI driven momentum as the catalyst,” said Teradyne (TER) CEO Greg Smith.