Teradyne, Inc. (NASDAQ:TER ) Q4 2024 Earnings Conference Call January 30, 2025 8:30 AM ET Company Participants Traci Tsuchiguchi - Vice President of Investor Relations Greg Smith - President & Chief Executive Officer Sanjay Mehta - Vice President & Chief Financial Officer Conference Call Participants Christopher Muse - Cantor Fitzgerald Mehdi Hosseini - Susquehanna Financial Group Jacob Moore - KeyBanc Capital Markets Timothy Arcuri - UBS Investment Bank Krish Sankar - TD Cowen Toshiya Hari - Goldman Sachs Samik Chatterjee - JPMorgan Vivek Arya - Bank of America Brian Chin - Stifel, Nicolaus & Company Shane Brett - Morgan Stanley Operator Greetings and welcome to the Fourth Quarter 2024 Teradyne, Inc. Earnings Conference Call. At this time all participants are in listen-only mode.
TER's fourth-quarter 2024 results benefit from strong momentum in the memory test end market and increased compute demand for AI application.
The maker of semiconductor test equipment posted mixed first-quarter guidance.
Teradyne (TER) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.79 per share a year ago.
Teradyne forecast first-quarter revenue below Wall Street estimates on Wednesday, indicating softening demand for its semiconductor-testing equipment.
TER's fourth-quarter 2024 performance is likely to have reflected the benefit of strong demand for AI applications in semiconductor testing and the anticipated growth in the robotics segment.
TER's robotics division collaborates with Analog Devices to transform semiconductor manufacturing with advanced robotics, AI, and edge-based automation.
The Investment Committee debate the latest Calls of the Day.
Teradyne (NASDAQ:TER), a company best known for designing and manufacturing automated test systems and robotics solutions, could emerge as a beneficiary of the generative AI trend. The stock has returned just about 24% since early 2024, marginally outperforming the S&P 500 which gained about 22% over the same period.
Teradyne (TER) concluded the recent trading session at $134.93, signifying a +0.56% move from its prior day's close.
TER stock is driven by strong growth in robotics, AI-powered automation and key partnerships, making it a top pick for growth-oriented investors in 2025.
The latest trading day saw Teradyne (TER) settling at $137.15, representing a -1.2% change from its previous close.