Teradyne Just Flipped The AI Switch: Breakout Earnings, Volume, And A Possible Re-Rating In Progress
Teradyne's Q2 2025 was not a blockbuster quarter, but there were definitely some interesting signals under the hood, especially if you're following the AI test space. Revenue came in at $652M, down about 4.7% YoY. Gross margin took a hit, down 170 bps to 57.3%. The memory test business is still soft, and robotics also showed weakness. However, AI-related SoC demand showed up in a big way. Operating margin dropped to 15.1% (non-GAAP), down 250 bps from a year ago. Not ideal, but again, they're in investment mode, and the revenue mix (more robotics + less memory) dragged things down a bit.
Teradyne, Inc. (TER) Q2 2025 Earnings Call Transcript
Teradyne, Inc. (NASDAQ:TER ) Q2 2025 Earnings Conference Call July 30, 2025 8:30 AM ET Company Participants Gregory Stephen Smith - President, CEO & Director Sanjay Mehta - CFO, VP & Treasurer Traci T. Tsuchiguchi - Vice President of Corporate Affairs Conference Call Participants Atif Malik - Citigroup Inc., Research Division Auguste Philip Richard - Northland Capital Markets, Research Division Brian Edward Chin - Stifel, Nicolaus & Company, Incorporated, Research Division Christopher James Muse - Cantor Fitzgerald & Co., Research Division David Duley - Steelhead Securities LLC James Edward Schneider - Goldman Sachs Group, Inc., Research Division Krish Sankar - TD Cowen, Research Division Mehdi Hosseini - Susquehanna Financial Group, LLLP, Research Division Robert Stephen Barger - KeyBanc Capital Markets Inc., Research Division Samik Chatterjee - JPMorgan Chase & Co, Research Division Shane Brett - Morgan Stanley, Research Division Timothy Michael Arcuri - UBS Investment Bank, Research Division Vivek Arya - BofA Securities, Research Division Operator Greetings, and welcome to the Q2 2025 Teradyne, Inc. Earnings Conference Call.
Teradyne Q2 Earnings Beat Estimates, Revenues Decrease Y/Y
TER's second-quarter 2025 earnings and revenues surpass the mid-point of its guidance range.
Teradyne (TER) Q2 Earnings and Revenues Surpass Estimates
Teradyne (TER) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.86 per share a year ago.
Live Coverage: Will Teradyne (TER) Pop After 2Q Earnings?
Teradyne (Nasdaq: TER) will report Q2 2025 earnings Tuesday after the bell, with consensus pointing to the bottom of a multi-quarter downcycle.
Teradyne Gears Up to Report Q2 Earnings: What's in the Offing?
TER's second-quarter 2025 results are likely to face pressure from macro uncertainty, weak memory test and mobile chip demand, and increasing expenses.
Teradyne (TER) Stock Falls Amid Market Uptick: What Investors Need to Know
The latest trading day saw Teradyne (TER) settling at $93.7, representing a -1.18% change from its previous close.
Teradyne: Still A Buy, But Patience Is Wearing Thin
I'm maintaining my Buy rating on Teradyne, Inc., as AI-driven SoC complexity could drive long-term tester demand and TAM expansion. Tariff-related risks have diminished, and valuation is more reasonable, but macro and auto demand uncertainty remain key concerns. I need to see evidence of AI-driven growth materializing for Teradyne in the next earnings, or I may reconsider my rating.
Teradyne Has Plenty Of Staying Power
Teradyne benefits from a duopoly in automated test systems, with high customer stickiness and strong relationships with leading chipmakers like TSMC and Samsung. Growth opportunities stem from custom chip testing for hyperscalers and the global shift toward geographically diversified chip production, supporting long-term demand. Risks include high customer concentration, talent scarcity, and the cyclical nature of the semiconductor industry, which could impact revenue and margins.
Teradyne (TER) Stock Declines While Market Improves: Some Information for Investors
In the latest trading session, Teradyne (TER) closed at $91.96, marking a -1.15% move from the previous day.
Here's Why Teradyne (TER) Fell More Than Broader Market
In the closing of the recent trading day, Teradyne (TER) stood at $97.05, denoting a -1.59% move from the preceding trading day.
Teradyne (TER) Moves 6.3% Higher: Will This Strength Last?
Teradyne (TER) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
