Teradyne reports Q3 non-GAAP EPS 85c, consensus 79c

Reports Q3 revenue $769M, consensus $743.85M. “Our Semiconductor Test Group delivered Q3 sales that exceeded expectations, driving company sales and profit to the high end of our Q3 guidance range,” said Teradyne (TER) CEO, Greg Smith. “Growth was driven primarily by System-on-a-Chip solutions for artificial intelligence applications and strong performance in memory. As we look ahead to Q4, AI-related test demand remains robust across compute, networking and memory segments. Q4’25 sales are expected to increase 25% sequentially and 27% from Q4’24.”